Wheat prices are rising, along with food protectionism

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Wheat prices are rising, along with food protectionism
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Bread is one of the more crucial ingredients in maintaining world stability — and it's getting dangerously expensive.

Bread is one of the more crucial ingredients in maintaining world stability — and it's getting dangerously expensiveAs food prices rise around the world due to the war, extreme weather and inflation, more countries are putting these kinds of export controls in place — but that only exacerbates the issue.

At least 43 such protectionist measures have been implemented since the Russian invasion, according to data cited by theThese include restrictions put in place by Russia and its ally, Belarus, along with Indonesia's ban on palm oil exports and China's prohibition onWheat prices surged to near record-high levels Monday after India said it would ban exports as it deals with an extended, climate-change-driven heat wave.

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