Russia's Grain Export Leverage Drives Wheat Price Spikes Since 2007

Analysis argues that wheat price spikes since 2007 correlate with Russian intervention in grain export routes, highlighting Moscow's use of food as a geopolitical tool. The piece underscores that the core issue is not global production but the ability to move grain from producers to consumers, with Russia's actions in key export corridors (e.g., Black Sea) shaping market dynamics. This matters because it frames Russian grain export policy as a strategic lever with direct implications for global food security and inflation.