IMF says suspension of Black Sea grain deal could raise grain prices 10-15%

The International Monetary Fund estimated that Russia’s exit from a deal allowing Ukrainian exports via the Black Sea could drive global grain prices up by 10-15%, but said it was continuing to assess the situation. IMF chief economist Pierre-Olivier Gourinchas told reporters the Black sea grain...

https://www.hellenicshippingnews.com/imf-says-suspension-of-black-sea-grain-deal-could-raise-grain-prices-10-15/