The price had fallen back to around $6.61 as of 10 a.m. The price of Chicago wheat futures, considered a global benchmark for wheat prices, rose 3% to more than $6.84 a bushel early Monday morning in response to the news. Erdogan may also hold his own phone call with Putin before the end of the month, according to Anadolu. “Despite the statement today, I believe that Russian President Putin wants this humanitarian bridge to continue,” said Erdogan to reporters in response to the news.Įrdogan said that Turkish Foreign Minister Hakan Fidan will speak to his Russian counterpart, Sergey Lavrov, about the deal over the phone. Turkish President Recep Tayyip Erdogan said on Monday that he believes his Russian counterpart, Vladimir Putin, wants the deal to continue, according to Turkey’s official Anadolu Agency. “Unfortunately, the part of the Black Sea agreement that concerns Russia has not yet been fulfilled.” “The Black Sea agreements are no longer in effect,” Russian presidential spokesman Dmitry Peskov told reporters, according to Russia’s official TASS news agency. Russia said on Monday that the Black Sea grain deal has ended, prompting Turkey to try and resurrect the agreement and causing wheat prices to rise.
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