Russia says it would return to the Black Sea Grain Initiative with Ukraine if certain conditions are met, but an ag economist says that isn’t likely to happen.
Arlan Suderman, chief commodities economist with Stone X, says Russia wants its agricultural bank reconnected to the SWIFT payment system to make it easier to market its own grain.
“I don’t think there’s much of an appetite right now for meeting all of Russia’s demands,” he said, “which would help assure a victory in Ukraine.
Will Russia return to the Black Sea grain deal?
