A diplomatic source divulged to TASS on Monday that the bulk carrier TQ Samsun was the last to pass the Ukraine corridor for grain supply while transporting 38,800 tonnes of agricultural goods.

"The bulk carrier TQ Samsun was the last to pass the grain corridor in the Black Sea and reach Istanbul. At the moment the vessel with cargoes is waiting to pass through the Bosphorus Strait to head to the Netherlands," the source detailed.

This comes after Dmitry Peskov, the Kremlin spokesperson, announced that the agreements underlying the contentious Black Sea Grain Deal have been "terminated", adding that it will return to the agreement as soon as all parties involved take the previously agreed-upon procedures.

After Russia announced the discontinuation of its participation in the Black Sea Grain Deal, trading data revealed that wheat prices skyrocketed on Monday.

Chicago Mercantile Exchange's August futures increased 4.24% to $6.89 a bushel just minutes after the news. The increase did subside later with the futures trading up 2.9% close to midnight.

Ankara lamented Russia's decision to suspend the grain deal and said will assist in removing barriers to Russian food exports, a source involved in Black Sea grain initiative negotiations told Sputnik on Monday.

On June 13, the UN declared that it was aiming to extend the grain deal for another two months at the least, as its expiration was July 17, Monday. 

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