The End of Global Agriculture?

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by Chris Black

Russia is the world’s largest exporter of natural gas and nickel, the world’s second-largest exporter of oil and steel, and the third-largest exporter of coal and aluminium. We can live without these things, but make no mistake, it will hurt.

What we cannot live without food. Russia is the world’s largest exporter of wheat, and it has invaded Ukraine, the world’s fifth-largest exporter. 

Ukraine will not plant crops this spring or summer. The world has lost one of its largest and most reliable sources of wheat, sunflower, safflower and barley.

Nor will Ukraine return to the ranks of major food suppliers anytime soon. 

 UN Secretary General: The war in Ukraine not only has a dramatic impact on the lives of civilians but also has global repercussions.

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Developing countries already in dire situations can simply not afford skyrocketing prices of food, fuel and other essential goods.

While Biden is under immense pressure for skyrocketing prices at the pump, the EU will freeze, the third world will burn and the US will be impacted most severely through the loss of comfort-consumer lifestyles.

 But this is only the beginning…

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