President Joe Biden said that food shortages will be a reality in the coming months.
The president made the statement in response to a question regarding concerns of food insecurity globally. Russia and Ukraine produce a huge percentage of the world’s wheat.
“Can you say whether there’s the conversation is a turn to the subject of food shortages and what the US will do to address wheat shortages in particular, as a result of this?” asked a reporter in Brussels, Belgium.
Biden on food shortages:
"With regard to food shortage…it's gonna be real."
— Election Wizard 🇺🇸 (@ElectionWiz) March 24, 2022
“With regard to food shortages. Yes, we did talk about food shortages. And, and it’s gonna be real,” Biden answered.
“The price of the sanctions is not just imposed upon Russia. It’s imposed upon an awful lot of countries as well. Including European countries and our country as well,” he continued.
“And because both Russia and Ukraine have been the breadbasket of Europe in terms of wheat, for example, just to give one example. But we had a long discussion in the G7 with the, with both the United States, which has a significant third-largest producer of wheat in the world, as well as Canada, which is also a major, major producer,” he said.
“We both talked about how we could increase and disseminate more rapidly, food shortages. In addition to that, we talked about urging all European countries and everyone else end trade restrictions on sending, limitations on sending food abroad.
“And so we are in the process of working out with our European friends, what it would be, what it would take to help alleviate the concerns relative to food shortages.
“We also talked about a significant major US investment, among others, in terms of providing for, the need for humanitarian assistance, including food as we move forward,” he concluded.