Why would Ukraine's missing wheat exports matter that much? Russia and Ukraine are significant exporters of wheat, but their contribution to global wheat produc

Why would Ukraine's missing wheat exports matter that much? Russia and Ukraine are significant exporters of wheat, but their contribution to global wheat production isn't near as impressive. There's plenty of other major exporters who could increase production to help fill the gap. Prices will probably go up in some nations, but I'm sure it will hardly be noticeable compared to everything else the global economy is going through. And it's not like Russia is just going to stop exporting wheat. Major importers like China will probably be happy to get a better deal on it than years past thanks to sanctions reducing the demand for Russian wheat. I'd be much more worried about Europe's dependency on Russian natural gas. There are other major natural gas exporters, but I'd expect the market to be much slower to adapt since the product is mostly transported using expensive pipelines. And other nations will probably be more hesitant to increase production significantly due to environmental concerns.