How is the Russia-Ukraine war going to impact the American? What can we see coming down the pipeline? What are the next steps of this crisis? Here is how I currently believe this is going to impact us:

You're going to see increased food prices and shortages.

For starters, let us remember that Ukraine is "The Breadbasket of Europe." Due to a lack of personnel, farmers not planting crops, equipment being destroyed, and a number of other factors, there is likely to not be any Ukrainian harvest this year at all, or at the very least, it will be substantially reduced.

This in turn is going to lead to Europe having difficulty in procuring food supplies. If we follow the rule of supply and demand, we're going to see this result in an increase in prices and food scarcity here within the United States. Europeans are still going to need to eat, and they are going to buy the food they need somewhere. Much of it is going to come from the United States, and they are going to be willing to pay a high price for it.

Farmers who can get an additional $2000/ton of corn by selling overseas are going to do so. Your food supply will be directly impacted as a result, further exacerbating the current supply chain problems that the United States is experiencing. This combined with the fertilizer problems we are going to face this year is a recipe for disaster.