Once again, a grain crisis hit the world as Russia refused to extend the Ukrainian grain agreement because the involved parties did not adhere to the quotas of poor and needy countries. The first is related to the Russian-Ukrainian war, as they are the main source of grain at competitive prices in the world. It prompted the International Monetary Fund to sound the alarm that the grain prices are likely to rise by 10-15% after the collapse of the grain agreement. The agreement helped reduce global grain prices by 20%. Now the bread of the world is in danger at the mercy of the extension of the grain agreement.
