# Wheat shortage
Bread prices rising in the United States
The cost of wheat has increased by as much as 40% as Russia's invasion into Ukraine has impacted trade from Black Sea ports, according to this source. The Russian Ukrainian conflict has caused supply disruptions.
Rising Food Cost in America
The availability of food in America could get worse, says reports. After Thanksgiving, shoppers noticed price hikes and food product shortages in grocery stores. Meat prices are on the decline in local supermarkets. What a relief? The cost of poultry, eggs, fish, and meat fell by 0.4% between November to December. Here are the other dips on the meat aisle:
Bread, cookies, noodles, and cereal could become the most expensive items in the coming days.
As we all know, food prices are already soaring in the United States. If the shortages continue, food producers will be forced to increase prices even higher. According to farmers, importers, and manufacturers, the cost of essential food such as bread, cookies, cereal, and pasta is likely to rise by between 4% and 50% over the coming months.
A major wheat shortage is coming in the United States
As we all know, some situations are getting worse day by day in the United States because of the conflict between Russia and Ukraine. The Russian-Ukrainian conflict has also massively affected the global commodities market. Russia is the world's biggest wheat exporter, with Ukraine coming in fourth. They collectively account for 30% of global wheat exports, 19% corn exports, and 80% sunflower oil exports.
Cookies, noodles, and bread may cost more as the Ukraine war shuts off over 25% of the world’s wheat exports
Russia and Ukraine grow about 14 percent of the world’s wheat and together account for almost a fourth of global wheat exports. Wheat prices had a record weekly gain of about 30% since Russia invaded Ukraine.
Bread and cereal could soon become "luxury items" as the world braces for the "largest wheat shortage" in history
Roberto Montoya/Getty Images (Canva Pro license.) The price of wheat swelled to $10.28 on Tuesday, marking the highest price per bushel since 2014. Today, some economists are concerned that the global economy could soon face the largest wheat shortage in history due to the ongoing conflict between Russia and Ukraine.