ACN Business

Why Russia pulled out of its grain deal with Ukraine – and what that means for the global food system

Written by Anna Nagurney, Professor and Eugene M. Isenberg Chair in Integrative Studies, UMass Amherst

The grain deal allowed Ukrainian corn and other products to reach ports in Lebanon and elsewhere. AP Photo/Hassan Ammar

The Russia-Ukraine grain deal that has been critical to keeping global food prices stable and preventing famine is currently in tatters. On July 17, 2023, Russia said it was pulling out of the year-old deal, which allowed...

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