“More restrained” supplies, further easing of restrictions on U.S. exports, and potentially lower grain costs are all expected to contribute to an improved outlook.

Putin said Russia would be able to provide Burkina Faso, Zimbabwe, Mali, Somalia, the Central African Republic and Eritrea with 25,000 to 50,000 tons of free grain.

The Ukrainian Port of Reni on the Danube was operating at maximum capacity July 25, despite an attack by Russian drones July 24.

Even before Russia terminated the Black Sea agreement, Ukraine had increasingly relied on alternative routes for its exports.

The latest ruling by the South Asian nation, which has already imposed restrictions on wheat and sugar exports, would affect about 25% of total rice shipments from India.

Wheat prices grew by 8.2% on the European stock exchange from July 18 to July 19 while U.S. wheat futures rose by 8.5%. 

Slovakia, Hungary, Romania, Bulgaria and Poland will still let Ukrainian food exports move through their land to other parts of the world.

A spokesperson said Russia would be suspending the Black Sea Grain Initiative until the country’s demands to export its goods to the rest of the world are met.

The biomass of bigeye, skipjack and yellowfin tuna species will increase by an average of 21% by mid-century in the Clarion-Clipperton Zone, a region targeted for deep-sea mining.

Many U.K. fishers are employed through an immigration “loophole” that allows them to be subjected to forced labor and restricted access to medical care.