Putin's demands threaten global food security.

Hello, and you're listening to the Marketplace Morning Report live from the BBC World Service.

I'm Leana Bern, very good morning to you.

Thanks for tuning in.

Russian President Vladimir Putin says the landmark Black Sea grain deal with Ukraine won't be restored

until the West meets Moscow's demands on its agricultural exports.

But Turkish President Recep Tayyip Erdogan is still hopeful a deal can be done with all the details.

The BBC's Victoria Craig joins us from Ankara in Turkey.

Hi, Victoria.

Hello.

Listen, Victoria, can you remind us how crucial this deal is for global food supplies, first of all?

Yes, so it's really significant for global food security.

In fact, the UN says over the course of the deal, which lasted about a year,

almost 33 million tons of food commodities were exported from three Ukrainian Black

Sea ports to 45 countries around the world.

And in that time, the UN also says global food prices dropped 11%.

Turkey's President Erdogan, he's still hopeful they can reach an agreement.

I mean, Victoria really seems as if we're caught between a rock and a hard place.

But what do you think?

I think there was a lot of optimism going into the talks yesterday, certainly from the Turkish side.

And afterwards, I think President Erdogan was clearly very disappointed.

Head of him, he said that he believed that a post-meeting message would be,

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