London Daily

Focus on the big picture.
Tuesday, Oct 20, 2026

Biden price hikes: The war in Ukraine is creating a massive grain shortage

Biden price hikes: The war in Ukraine is creating a massive grain shortage

As Wheat Prices Rally, We May See Food Shortages And Even Civil Unrest. And it is likely that as long as Biden continues to push Zelenskyy to insist on violating the 15 years Russia-Ukraine status quo by placing NATO weapons on the Ukrainian border with Russia against Moscow, this war as well as the price hikes does not appear to be over any time soon.
Wheat has a long history as a commodity with significant political ramifications when the price rises and availabilities become scarce. Wheat is the primary ingredient in bread, a nutritional essential.

The last queen of France, Marie Antoinette, was executed at the guillotine on Oct. 16, 1793. Her insensitivity to the plight of her subjects during a bread shortage was one of the reasons for her beheading. The subsequent revolution in France in 1848, the so-called Third French Revolution, began because of social and political discontent as workers lost their jobs, bread prices rose and people accused the government of corruption.

During the U.S. Civil War, in March and April 1863, bread riots were events of civil unrest in the Confederacy. There were flour, bread, and food riots in New York City in 1837 and 1917. Feeding people is a critical function of government, and when leaders fail, they often lose power.

The latest example comes from the Arab Spring that began as a series of bread riots in Tunisia and Egypt in 2010 after global wheat prices reached their last all-time high in 2008. Bread scarcity and high prices caused government change across North Africa and the Middle East. History could repeat in 2022 and the coming years as the world faces food shortages because of the war in Ukraine.


Russia, Ukraine Export

Together, Russia and Ukraine account for 30 percent of the world’s exported wheat, and the Agricultural Market Information System-an international group focusing on global food-policy initiatives-estimates that 25 countries source at least half of their supplies from the two countries.

Meanwhile, grain exports from the war-torn region have largely stalled, as shipping ports have closed, farmland has been ruined, and farmers have been conscripted into service. All of this comes on the eve of the planting season that sets the stage for next year’s wheat harvest.

In the United States, the shortage will mean higher prices for bread and cereal, says Christopher Bosso, professor of public policy at Northeastern, because the country is among the world’s main grain producers already and supplies much of its own demand. The jump in price is more tied to rising fuel and shipping costs than production costs.

But elsewhere, the effects may be much more dire.

“I worry about the impact on parts of the world where Ukraine and Russia are much bigger sources of food, particularly in Middle Eastern and North African countries,” says Bosso, who studies food systems and public policy. “Lots of these countries subsidize staples such as bread, and if they can’t afford to, they may stop subsidizing altogether.”

Late last week, the United Nations warned that Russia’s invasion of Ukraine could trigger global famine, particularly in countries such as Yemen, Ethiopia, and Russia.

Rising food prices in these countries, coupled with existing political and social turmoil, may also mean greater instability, Bosso says.

“In many ways, the rise in wheat prices in 2009 is what led to instability that created the so-called Arab Spring,” he says, referring to a series of anti-government protests, uprisings, and rebellions that spread among much of the Arab world in the early 2010s.

“I expect we might see major spikes in food insecurity, hunger, and political instability,” as a result of the grain shortage, Bosso adds.

The timing almost couldn’t be worse. April and May are major planting seasons for spring wheat, corn, and soy. Prolonged war in the region will mean that not only next year’s crops, but possibly several years’ harvests hence, are in question.

Though there are other major agricultural regions in the world—the farm belt in the U.S., major soy fields in Brazil—it’s unlikely that farmers would be able to cover the losses. For one thing, Bosso says, it may simply be too late in the season to switch crops. Most farmers plan years in advance to buy (or save) the seeds they’ll need.

“If you have 10,000 acres of soy in Brazil, you’re not going to switch to having wheat automatically,” he says.

For another, not all climates can support crop substitution, and taking a chance on an unfamiliar crop is a big risk for farmers whose margins are generally very tight to begin with.

This all means that the grain shortages on the horizon now may be around for years to come, Bosso says.

“Even if the war is resolved fairly quickly, it may still be several years of having very tight commodity supplies,” he says. “For some parts of the world, that could be catastrophic. If the past is any indication, when you have tight food supplies-you have hiccups in a system that’s become so finely tuned over the years—the situation serves to exacerbate existing problems of food insecurity, hunger, and instability.”


Is it worth it?

We can understand why Boris Johnson must continue to ignite the Ukraine War, as the Ukraine war is the only reason he survives in office, and is not expelled from politics in disgrace. For him it’s or having a war or ending his political career. So regardless what we think about it, at list we can understand his motivation to continue this war as long as he remain under criminal and political saga.

What is difficult for us to understand is why Biden insists on dragging the whole world into such a massive inflation, only to place weapons against Moscow in Ukraine. What’s in it for him, for USA, for American citizens…

Is the huge price that the whole world pays out of their shrinking pocket and the Ukrainians pay with their lives worth this insistence?
Newsletter

Related Articles

0:00
0:00
Close
British Government Reallocates Twenty-Five Per Cent of International Climate Finance to Global Biodiversity Projects
Initial British Carbon Border Taxes Set to Undercut Parallel European Union Tariffs on Industrial Imports
Whitehall Prepares National Zero-Interest Loan Initiative to Accelerate Domestic Heat Pump and Solar Adoption
European Union Offers British Automakers Access to Hybrid Vehicle Trade Protections Subject to Strict Regulatory Alignment
British Probation Officers Threaten Widespread Industrial Action After Rejecting Five Per Cent Government Pay Offer
Microsoft Abandons Major British Artificial Intelligence Data Centre Citing Severe National Grid Power Constraints
United Kingdom Inflation Accelerates to Three Point Four Per Cent Ahead of Chancellor John Healey's Inaugural Autumn Budget
Surging Cloned Number Plates Severely Complicate Traffic Enforcement and Police Investigations
Mounting Opposition Challenges Planned Rollout of Autonomous Taxis Across London
Influential Think Tank Urges Rejoining European Union to Navigate Geopolitical Crises
Government Review Recommends Slashing Benefits to Fund Youth Employment Initiatives
Senior Minister Shabana Mahmood Seeks New Law Enforcement Pact With European Union
Airbus Executive Warns Britain Risks Losing Crucial Role in European Space Industry
Exorbitant Electricity Costs Push British Steelmakers to Worst Competitive Position in Three Years
British Food and Beverage Exports to European Union Collapse by Over a Third Since Brexit
Up to Twenty English Maternity Units Face Impending Closure Due to Safety and Staffing Crises
Government Declares Severe Drought Across Southern England Following Record Dry Spell
Corporate Profit Warnings Reach Two-Year High Amid Middle East Conflict and Rising Costs
International Monetary Fund Warns Chancellor John Healey Against Proposed Bank Tax Raid
Northern Ireland Secures Favorable Agricultural Export Agreement with European Union
Scottish Government Approves Major Offshore Floating Wind Farm Near Aberdeenshire
High Speed Two Rail Project Faces Three Billion Pound Cost Escalation on Initial Phase
National Health Service Warns of Winter Capacity Crisis Across English Hospitals
Tata Steel Confirms Two Thousand Job Cuts at Port Talbot to Fund Green Transition
Global Microchip Developer Announces Three Billion Pound Semiconductor Plant in Cambridge
United Kingdom Artificial Intelligence Safety Institute Proposes Mandatory Licensing for Generative Models
United Kingdom Commits Additional Long-Range Weapons and Air Defenses to Ukraine
British Chancellor Overhauls Infrastructure Financing to Bypass Borrowing Constraints
Bank of England Holds Benchmark Interest Rate at Four Point Five Percent
First Minister Rhun ap Iorwerth Confirms Constitutional Discussions Over Welsh Independence During Initial Bilateral Call with Prime Minister
Labour Party Instructs Local Council Groups to Sever Power-Sharing Accords with Green Party Over New Controversial Policy Positions
Institute for Fiscal Studies Warns of Thirty-Five Billion Pound Fiscal Gap Ahead of Chancellor John Healey Upcoming Autumn Budget
House of Lords Backs Landmark Legislative Amendment to Decriminalize Abortion Across England and Wales
United Kingdom Defence Secretary Wes Streeting Travels to Pentagon for High-Level Strategic Talks Amid Escalating Tensions Over Ukraine and United States Policy Shifts
Bank of England and International Monetary Fund Officials Issue Urgent Warnings Regarding Potential Artificial Intelligence Financial Market Shocks
Reform UK Faces Severe Political Fallout and Scrutiny After Undercover Media Investigations Reveal Systemic Racism Among Candidates
Former Democratic Unionist Party Leader Jeffrey Donaldson Sentenced to Fifteen Years in Prison Following Landmark Child Sexual Abuse Trial
House of Lords Votes to Amend Schools Bill Implementing Comprehensive Social Media Ban for Children Under Sixteen Years of Age
International Monetary Fund Upgrades United Kingdom Growth Forecast for Two Thousand Twenty-Six While Warning of Energy-Driven Inflation Pressures
Competition and Markets Authority Launches Formal Inquiry Into Corporate Artificial Intelligence Partnerships
Automotive Industry Leaders Urge Westminster to Accelerate Electric Vehicle Charging Infrastructure Rollout
Home Office Expands Digital Border Security Framework With Mandatory Electronic Travel Authorizations Across United Kingdom
Northern Ireland Executive Reaches Final Consensus on Public Sector Pay Reform and Budget Allocations
Welsh First Minister Secures Additional Funding for Rural Agricultural Transition and Sustainable Farming Schemes
Scottish Government Unveils Accelerated Regional Infrastructure Strategy to Boost Clean Energy Manufacturing
National Health Service England Launches Emergency Recruitment Drive to Alleviate Severe Acute Care Winter Backlogs
Bank of England Monetary Policy Committee Signals Cautious Approach to Interest Rate Reductions Amid Persistent Wage Growth
British Government Finalizes Emergency Energy Support Package to Protect Households From Winter Price Surges
Russell Brand Trial Begins at Southwark Crown Court
UK Parliament to Debate Climate Risks and Council Tax Following Public Petitions
×