Effective immediately, no more grain will be exported from Hungary… world headed into global famine scenario

(Natural News) Hungary, one of Europe’s most grain-rich countries, is halting all grain exports effective immediately.

Just hours after Russia announced a ban on fertilizer exports, Hungary dropped a bomb on the world with this decision, which is expected to send already record-high wheat prices even higher.

Zero Hedge is warning that the entire world should now expect wheat prices to double over the next few weeks as it becomes clearer what is actually happening to the global food supply.

“Our suggestion: buy flour, rice, barley and any other grains you can now, rather than waiting one month to buy them because you have to,” its editors wrote.

Turkey, Egypt and Tunisia are almost entirely reliant on Russia and Ukraine for their wheat imports. It turns out that both Russia and Ukraine are also cutting off grain exports for the time being.

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