What is the Black Sea grain deal; where does it stand after Russia's exit?

With Russia pulling out of the deal, it would become difficult for the grain shipments to leave Ukraine. However, 12 shipments left Ukraine's ports on Monday

Russia on Saturday announced that it was suspending participation in the Black Sea Grain Deal, which was initiated in July to avert high inflation and famine in several regions of the world that may arise due to the ongoing war in Ukraine.

With Russia pulling out of the deal, it would become difficult for the grain shipments to leave Ukraine. This would mean a danger to the world's food security because Ukraine is among the world's largest wheat exporters, with a lot of it going to Africa.

According to the United Nations Conference on Trade and Development (UNCTAD), since the