Thu. Aug 18th, 2022

(FOX BUSINESS) – The world’s food prices are about to get higher. In response to the ongoing Russian invasion, Ukraine has banned the export of various food items from its country. These items include wheat and oats, which is expected to have a significant impact on food supplies across Europe, Africa and Asia.

Ukraine’s minister of agrarian and food policy Roman Leshchenko explained that the decision was made as part of the country’s efforts to keep its own civilians fed during the crisis, Reuters reports. As Russian forces slowly move across the country, normal supply lines are being cut off from various areas.

Ukraine is often referred to as the breadbasket of the world and the halt of its wheat and grain exports could threaten the food supply across Europe and other regions.

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