The World Bank has prepared a report projecting the effect of the Russian invasion of Ukraine an independent nation. It is forecast that economic output of Europe and Central Asia will contract by 4 percent in 2022. Increases in the price of fertilizer and commodities including sunflower and wheat will result in inflation that is now evident in the E.U. and in the U.S. among other nations.
The World Bank is concerned that decreased supplies of feed and food ingredients will exacerbate food insecurity with severe outcomes in developing nations.