Senior Taliban official says the South Asian country is diversifying its trade partners and Moscow has offered discount on energy and grain prices.
So far a total of 10 ships have sailed since last week under a deal with Russia to unblock Ukrainian sea-borne grain exports.
Grain prices began to fall as Türkiye, the UN, Russia, and Ukraine signed a deal in Istanbul to resume Ukraine’s Black Sea grain exports.
The war-ravaged country's existing strategic food stockpiles would last until the end of August.
Turkish President Erdogan said he will talk to his Russian and Ukrainian counterparts about a grain export corridor from Ukraine.
Area planted with wheat in South American country for 2022-2023 season is about 6.2M hectares, 700,000 hectares smaller than the season before, a major trade forum says.
Global wheat prices hit a new record high two days after India, the world's second-largest wheat producer, announced it was banning exports of the commodity.
The ban from the world's second-biggest wheat producer could push global wheat prices to new peaks.
Global prices of sunflower oil and crude oil have also been rising in the wake of Russia-Ukraine conflict that erupted on February 24.
Ukraine was looking to increase grain exports to world markets when Russia launched an assault
People feel the pinch of price hikes as the fasting month approaches.
Russia’s attack on Ukraine could lead to a major food crisis by disrupting current supply chains and further advancing Moscow and China’s influence in global markets.
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