Russia and Ukraine are global breadbaskets, together exporting about 28 percent of the world’s wheat supply. Russia’s blockade of Black Sea ports and sanctions on Moscow have caused short-term price surges and triggered fears of an acute hunger crisis. Russia’s invasion of Ukraine may cause long-term grain prices to rise seven percent, Although Moscow and Kyiv reached an agreement in July to resume some grain exports, there are fears that the conflict could lead to years of elevated food prices. What is the intervention to this?

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