Forget oil. Putin’s war is wrecking the wheat market. (Foreign Policy) 

Foreign Policy published an article on the effect the Russian invasion might have on global markets. Vulnerable countries, especially in the Middle East, rely on grain imports that are now under threat. It’s a recipe for disaster. Senior research fellow Joseph Glauber said, “We’re talking about something that would really disrupt production. The fact that it’s happening in one of the breadbasket areas of the world is what’s so worrisome.” This is “coming on top of a tightness in global supply,” said Glauber. “This couldn’t have come at a worse time.”