Grain shipments still leaving Ukraine are last ones covered by...

Grain shipments still leaving Ukraine are last ones covered by insurance policies due to expire end of week. No reason not to risk it.

"Lloyd’s of London insurer Ascot told Reuters on Oct. 31 it was suspending writing cover for new shipments using the Ukrainian grains corridor in the Black Sea until it has more clarity about the situation there."From today, we are pausing on quoting new shipments until we better understand the situation,” Ascot head of cargo Chris McGill told Reuters. "Insurance that has already been issued still stands."

"Any shipments that were quoted last week are valid for seven days. However, we had seen a drop off in submissions last week," McGill told Reuters."
- https://www.world-grain.com/articles/17670-insurer-seeks-clarity-regarding-black-sea-grain-deal-uncertainty

Most mainstream outlets going with the "Ukraine defies Russia" narrative, which possibly means they'll get to break the bad news again next week and we get another bump. Took some profit this morning but will top up again later in the week. Maybe they announce some kind of restoration at G20 in mid November.