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After the Russian invasion in February of this year, Ukraine's export route, which had been cut off, was reopened.
Grain from Ukraine is again being supplied to the world market.
Correspondent Kwak Sang-eun from Paris reports whether international grain prices, which soared due to the war, can be stabilized.
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The first export ship carrying Ukrainian grain departed from the southern port of Odessa in the afternoon of our time today (1st).
It has been ten days since Ukraine and Russia, the United Nations and Turkey, and four delegations agreed to reopen grain exports blocked by the Black Sea blockade.
The Turkish Ministry of Defense described the ship as "a Sierra Leonean cargo ship carrying corn" and "will be headed for Lebanon."
[Zelensky/President of Ukraine: Ukraine has and will continue to protect international food security.]
However, there is a forecast that Ukraine's actual grain exports will not meet market expectations.
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With the war taking a toll on Ukrainian agricultural production, President Zelensky warned that "this year's harvest will be only about half of what it used to be".
The prices of international agricultural products such as wheat and corn, which soared after the Ukraine war, have recently stabilized downward.
Wheat prices, which had soared, returned to levels at the end of February, when the Ukraine war broke out, and corn also fell to its lowest level this year.
It is analyzed that expectations for a Ukrainian grain export agreement were affected by a decrease in demand due to price increases and an increase in supply due to winter wheat harvest.
However, there are many unstable factors such as how the war in Ukraine will develop and whether the export route to the Black Sea will remain stable, so experts are divided on whether grain prices will continue to stabilize.
(Video editing: Kim Byung-jik)