William Wheat prices were rising globally even before Russia’s invasion of Ukraine, known as “the grain basket of the world,” providing more than a quarter of the world’s supply, but as Kumanichi points out, “the government selling price of imported wheat to flour milling companies will be raised by 17.3% from the current price from April.” This is obviously bad news for those who love bread and udon (and for bakeries and udon shops), but fortunately we in Japan have options. Expect to see more rice-based bakery goods. Of more impact will be on countries such as Egypt, where Russian wheat is a staple of their nan-based culture, essential to so many living at the margin. I do not know what they will do. The Aljazeera article has an inforgraphic about where wheat comes from and where it goes.
https://kumanichi.com/articles/586572 https://www.aljazeera.com/news/2022/2/17/infographic-russia-ukraine-and-the-global-wheat-supply-interactive