War between two large wheat and oil-producing countries is definitely going to make prices go up.
A lot of countries really depend on Ukrainian wheat: Nigeria and Egypt for two, I heard over the weekend. I think there is going to be trouble over food shortages in some parts of the world. We already can't find food favorites at stores --- everytime we go, there are mysterious things not on the shelves. I don't think Americans are likely to starve, but places like Egypt: 90 million people and no economy and very little farming. They buy from outside nearly all their food: what if that supply dries up? Possibly, it just did, if Ukraine can't plant or harvest now. China is currently worried about food security, Xi spoke about it yesterday, to a congress.
I think this shortages situation is balanced on a knifeblade.
A lot of countries really depend on Ukrainian wheat: Nigeria and Egypt for two, I heard over the weekend. I think there is going to be trouble over food shortages in some parts of the world. We already can't find food favorites at stores --- everytime we go, there are mysterious things not on the shelves. I don't think Americans are likely to starve, but places like Egypt: 90 million people and no economy and very little farming. They buy from outside nearly all their food: what if that supply dries up? Possibly, it just did, if Ukraine can't plant or harvest now. China is currently worried about food security, Xi spoke about it yesterday, to a congress.
I think this shortages situation is balanced on a knifeblade.