The start of exports from Ukraine broke the global price of basic commodities

According to the economic correspondent of Fars news agency, today’s news of the start of exports from Ukraine has greatly reduced the prices of basic goods in the world markets.
According to the Bloomberg report, the price of wheat decreased by 10 dollars and corn, which is used as animal feed, by 11 dollars, and the price of soybean oilseeds decreased by 19.5 dollars.
The Ministry of Defense of Turkey announced a few minutes ago that the first shipment of Ukrainian grain has left the country’s Odessa port.
The ship carrying this cargo is named Razoni and it is carrying this cargo to Lebanon under the flag of Sierra Leone.
According to the announcement of the United Nations; Razoni carries 26 thousand tons of corn. The Ukrainian grain ship is expected to arrive in Istanbul tomorrow and be inspected before continuing its journey to Lebanon.
Russia and Ukraine have separately agreed with Turkey and the United Nations to open the Ukrainian grain export route, so that 22 million tons of Ukrainian grain and agricultural products, which remain in the ports of this country in the Black Sea, can be exported.
Russia and Ukraine supply about 30% of the world’s grain and are the major producers of oilseeds in the world, the cutoff of exports from the Black Sea port after the war between Russia and Ukraine had greatly increased the price of basic goods.
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