IDAHO WHEAT COMMISSION

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UN report: Black Sea grain initiative working

A new United Nations report underscores support for the Black Sea Grain Initiative, noting it has helped less developed countries feed their populations and helped settle global grain prices amid uncertainty caused by the ongoing war in Ukraine and the deal’s looming Nov. 19 expiration. Nearly 20% of the 2.35 million tons of wheat exports have gone to least developed countries (LDCs) with vulnerable populations. The initiative doubled the amount of wheat shipped to LDCs between August and September – about half a million tons.