Global wheat prices likely to drop

An agreement was reached between Russia and Ukraine for the export of Ukrainian wheat, after which it is possible that the price of wheat may decrease worldwide.

According to the foreign news agency, due to the Russian blockade, ships loaded with Ukrainian wheat in the Black Sea are being allowed to go to Turkey (Turkey).

The agreement between Russia and Ukraine was brokered by Turkey and the United Nations.

According to media reports, the agreement was signed at the residence of Turkish President Recep Tayyip Erdogan, after the signing of the agreement, negotiations were held between all the representatives.

Under the agreement, Ukraine, Russia and Turkey have agreed to establish a joint coordination center in Istanbul that will deal with grain exports from Ukraine to the world.

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