{"id":10952,"date":"2022-11-02T14:15:08","date_gmt":"2022-11-02T14:15:08","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal"},"modified":"2022-11-02T15:03:20","modified_gmt":"2022-11-02T15:03:20","slug":"grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal","title":{"rendered":"Grain prices retreat as Russia announces return to Black Sea grain deal"},"content":{"rendered":"

Africa-Press – Eritrea. <\/strong><\/span>Grain prices eased as soon as Russia announced on Wednesday it is returning to implementation of the Black Sea grain corridor deal reached this July.<\/p>\n

Chicago wheat futures decreased 6.58% to $8.4 per bushel at 1050GMT as supply concerns mitigated with the resumption of the deal.<\/p>\n

Corn prices fell 2.30% to $6.8 per bushel on Wednesday after hitting their highest level in three months on Monday.<\/p>\n

On Saturday, Moscow suspended its participation in the deal that allowed for the export of Ukrainian grain, accusing Kyiv of attacking its Black Sea Fleet.<\/p>\n

On July 22, Tu\u0308rkiye, the UN, Russia, and Ukraine signed a deal to resume Black Sea grain exports, which were paused after the Russia-Ukraine war began in February.<\/p>\n

The deal had relieved pressure on wheat prices after a peak of $14 per bushel in March.<\/p>\n

Both Russia and Ukraine are among the world’s largest wheat exporters.<\/p>\n

For More News And Analysis About Eritrea<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eritrea. Grain prices eased as soon as Russia announced on Wednesday it is returning to implementation of the Black Sea grain corridor deal reached this July. Chicago wheat futures decreased 6.58% to $8.4 per bushel at 1050GMT as supply concerns mitigated with the resumption of the deal. Corn prices fell 2.30% to $6.8 […]<\/p>\n","protected":false},"author":84,"featured_media":10951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[242,243,233],"class_list":["post-10952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-eritrea","tag-eritrea"],"yoast_head":"\nGrain prices retreat as Russia announces return to Black Sea grain deal - Eritrea<\/title>\n<meta name=\"description\" content=\"Grain prices eased as soon as Russia announced on Wednesday it is returning to implementation of the Black Sea grain cor ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Grain prices retreat as Russia announces return to Black Sea grain deal\" \/>\n<meta property=\"og:description\" content=\"Grain prices eased as soon as Russia announced on Wednesday it is returning to implementation of the Black Sea grain cor ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-02T14:15:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-02T15:03:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2022\/11\/postQueueImg_8-636286956da00.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Grain prices retreat as Russia announces return to Black Sea grain deal\",\"datePublished\":\"2022-11-02T14:15:08+00:00\",\"dateModified\":\"2022-11-02T15:03:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal\"},\"wordCount\":167,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2022\/11\/postQueueImg_8-636286956da00.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/grain-prices-retreat-as-russia-announces-return-to-black-sea-grain-deal\",\"name\":\"Grain prices retreat as Russia announces return to Black Sea grain deal - 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