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The Black Sea region is a significant supplier of agricultural commodities to the world. Over the past year, global grain and oilseed markets have been roiled by the ongoing military conflict in Ukraine.

On June 29, 2017, the Government of the Russian Federation issued Resolution No. 770 “On Amending the Resolution of the Government of the Russian Federation No. 839 of September 23, 2013”.

For the first time in at least a decade, milk production became more profitable on average than poultry or grain production in Russia.

On October 25, 2017, the Government of Russia expanded countersanctions on agricultural trade, banning imports of live swine and meat by-products from the countries....