MINUTES
About Minutes
Back to latest

EconomyFailure to meet grain deal terms to have long-term impact on global food system

Rosselkhozbank CEO Boris Listov says the unfulfilled grain deal terms, together with the situation around the Strait of Hormuz affecting fertilizer supplies, are putting pressure on global food markets. Higher logistics and payment costs will raise prices for Russian exports to 160 countries and have lasting consequences for the global food system.

Russiagrain dealglobal food marketsStrait of Hormuz

TTASS★★★★☆2026-09-03 04:24Original

Failure to meet grain deal terms to have long-term impact on global food system
Economy