Ukraine/Russia: Ukraine Crisis: War in World's Breadbasket Has Big Buyers Hunting for Wheat

Feb 26, 2022 | Áine Quinn and Megan Durisin, Bloomberg
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Russia’s invasion of Ukraine is threatening shockwaves through two of the world’s staple grain markets, prompting countries that rely on imports from the region to start seeking alternative supplies and heightening concerns about global food inflation and hunger. Grain exports from Russia will probably be on hold for at least the next couple of weeks, the local association said on Friday, after turmoil erupted in the Black Sea. Ukrainian ports have been closed since Thursday.