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The Russian invasion of Ukraine will cause food shortages in some parts of the world because both countries are major suppliers of wheat, according to President Biden.

It will be real. The price of these sanctions is not just imposed upon Russia, it is imposed upon a lot of other countries as well.

The heads of the G-7 nations discussed potential food shortages and ways to alleviate them, raising the possibility that the U.S. and Canada could increase exports.

The United States and Canada are the third and fourth largest producers of wheat in the world. Biden said that they talked about how to increase and spread food shortages.

Pres. Biden warns that food shortages are “going to be real,” saying the U.S. is working with European partners to end trade limitations on sending food abroad to help alleviate supply issues caused by Russian sanctions. https://t.co/GPN1kQDMMj pic.twitter.com/0nuN0LMfve

— ABC News Politics (@ABCPolitics) March 24, 2022

Russia and Ukraine combined export over a quarter of the global supply of wheat and onefifth of the world's corn supply, according to a report. There could be a major supply crunch in the Mediterranean. According to the U.N. Comtrade data, over 80 percent of Lebanon's wheat imports come from Ukraine, while over 60 percent of Turkey's wheat imports come from Russia.

The U.S. is not expecting a food shortage, according to the White House press secretary.

While we are not expecting a food shortage here at home, we do anticipate that higher energy, fertilizer, wheat, and corn prices could impact the price of growing and purchasing critical food supplies.

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