Panicky Markets Are the Greatest Danger to Global Food Supply
You might have seen some shocking numbers about how the Russian invasion of Ukraine has affected the global food supply—about how, for instance, Ukrainian and Russian wheat makes up a combined 20-30 percent of the world’s wheat exports. Yet the truth is there’s plenty to go around. We’re not facing a shortage; rather, we simply have enough wheat when we’re used to silo-busting gluts. The situation calls for math and common sense.