Russia’s invasion of Ukraine in February 2022 caused an immediate disruption in the global wheat market, with serious implications for food prices and global food security. Wheat is a staple commodity in many countries and one of the most extensively traded crops worldwide. A new paper from the University of Illinois Urbana-Champaign and Texas Tech University examines the long-term impacts of the war in Ukraine on global wheat prices and market responses.
Global events affect wheat market
Wheat grows in a field in Ukraine.
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