Biden warns of global food shortages as Russia-Ukraine war upends wheat supplies

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Biden warns of global food shortages as Russia-Ukraine war upends wheat supplies
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Russia and Ukraine jointly supply about a fourth of the world’s wheat exports.

President Biden on Thursday warned of global food shortages as a result of the Russian invasion of Ukraine — predicting that the war would upend global wheat supplies.“With regard to food shortages, yes we did talk about food shortages. And then it’s going to be real,” Biden said at“The price of the sanctions is not just imposed upon Russia. It’s post upon an awful lot of countries as well, including European countries and our country as well,” Biden said.

“Both Russia and Ukraine have been the breadbasket of Europe in terms of wheat, for example, just to give one example.” Biden said that the US and Canada will seek to boost wheat production to offset the drop in supplies — as Russia alreadyUkraine and Russia supply much of Europe’s wheat.President Joe Biden claims global food shortages are “going to be real,” as Russia wages its invasion in Ukraine.President Joe Biden announced Canada and the US will boost their wheat production to stop shortages and price gouging.

“In addition, we talked about urging all European countries and everyone else to end trade restrictions on sending — limitations on sending food abroad. And so we are in the process of working out with our European friends what it would be, what it would take to help alleviate the concerns relative to food shortages. We also talked about a significant, major US investment among others in terms of providing for the need for humanitarian assistance, including food as we move forward.

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