The Ukraine War and the Price of Bread

Noah Smith with a look at how the War in Ukraine and the sanctions on Russia may impact the price of food. Between Russia and Ukraine that's 25% of the world's wheat.

Still think another way to help mitigate some of the after effects is to convert US farmland used for Ethanol corn over to the planting of human foodstuffs.  

Is a “Wheat Crisis” Next as Ukrainian Grain Shipments Halt?

Food instability could be a major side-effect of the War in Ukraine with Middle Eastern countries (like Egypt) and China (which can barely feed itself in the best of times) hardest hit.  

Hungry people make for angry people. In the US the combination of inflation, high gas prices, and high food prices should contribute to a "Red Wave" in the 2022 midterms. But what about places like China, Egypt and elsewhere? People in those countries may revolt because they can't feed their children.

The political ripples from the War in Ukraine are only just starting.