Middle East and North Africa are ‘directly affected’ by wheat shortage, says research center (CNBC International TV) 

CNBC International TV published a video interview with senior research fellow Joseph Glauber. He discussed how prior to the Russian invasion of Ukraine, we were at low stock levels and high prices anyway–maize, wheat, soybeans all at high levels. Ukraine is a major exporter of those crops, and we see a high inflationary impact. The Middle East and North Africa are directly affected by products like wheat not coming out of the Black Sea ports. Ukraine and Russia are one of the two largest breadbaskets and crops not making it out, not being planted, and not being harvested have a huge impact.