What is to be done with 75 million tons of wheat?

Last year, COVID-related shortages of everything from hand sanitiser to canned tomatoes reminded the world that, for all their depth and sophistication, supply chains are fragile things. As economic uncertainty lingers and global food prices continue to rise, Russia may be on the cusp of restoring its 19th century legacy as the world’s breadbasket, particularly for the commodity-strapped developing world. But how much is all that wheat actually worth in this day and age? And can an agricultural boom really reshape the Russian economy?

November 5, 2021 - Zack Kramer