Danish feed group Aller Aqua said it does not expect to be significantly impacted by Russia's decision to pull the plug on a deal that allows Ukraine to export grain through the Black Sea.

Ukraine is one of the world's largest exporters of sunflower, maize, wheat and barley, and the deal has enabled Ukraine to supply world markets with over 32 million metric tons of food products, including grains for the aquaculture feed industry.

The Black Sea Grain Initiative was initially brokered last July by Turkey and the United Nations.