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Good evening once again, im stephanie ruhle, they 17 of the russian invasion. it is now 6 am saturday in ukraines capital, it has been very tense overnight in kyiv, with reports of shelling just outside the city. for more than two weeks, ukrainian forces there have managed to hold off russian troops. this video, recorded by a crew for radio free europe, as you see here, shows that ukrainians are now in direct combat. in corn into a senior u.s. defense official, russians have edged closer to kyiv...

Cost for growing food that we need to be worried about. combined ukraine and russia produce a third of the global wheat supply, a fifth of the worlds corn and close to 80% for sunflower oil. a lot of supply thats not going to be available this year and grain prices recently hit a 14-year high in anticipation of that. soon we are all going to be seeing and feeling it ourselves. >> if these prices continue youll see bread prices slightly higher because only about 10% of the cost of a loaf of bread...

All of ukraines coal, corn, and steel is shipped across the world from mariupol. if theyre not going to be able to do that, thats all going to economically strangle the city. so, i devastating situation, not only from a humanitarian point of view, but from a financial point of view for this country, as well. >> ali, what a thing to hear them make a suicide pact if they didnt think they would make it out of the city. thank you for your amazing reporting. ali arouzi is live for us in lviv, this la...

The fuel depots are being destroyed. we dont know if we will be able to export when our ports are blocked. our corn we plant oil, wheat, and many other goods. needed goods, including for your neighbors the price is already increasing a lot of people will need help. italian people, you know ukrainians very well. ukrainians never wanted to fight. its as european as you are. you know who gives orders to fight. you know who propagates it.

>> consequences of this war are noticeable in many parts of the world and not only in europe. the worst will be famine. ukraine has always been one of the largest food exporters. how should we sow under shelling of russian artillery? how should we sow when theyre placing mines in fields and destroying fuel bases? what dont know what harvests well have when our ports are captured and blocked. corn, vegetable oil and wheat and other products. >> martha: the world heads to an enormous food crisis. ...

Were six or so weeks away from planting season. any farmer will tell you the fertilizer is just as important as the seed. that fertilizer is getting harder to come by. russia is one of the largest producers of fertilizer and with sanctions the market just got a whole lot tighter meaning prices are going up. that is significant because the prices for some fertilizer had already more than doubled before the invasion due to covid supply chain issues and several major storms. its putting a lot of fa...

Are not going to put more oil onto the marketjust yet. so there are still other domestic factors at play for particular countries.— for particular countries. thank you very much — for particular countries. thank you very much indeed. _ other commodities are also under pressure. russia and ukraine together supply more than a quarter of the worlds wheat exports, almost 20% of corn exports and 80% of sunflower oil exports. but the countries that rely most heavily on grain imports from russia an...

And agricultural commodities such as wheat. the really bad news is that even though yesterday in the us we saw headline inflation take off from 7.5% to 7.9%, a new a0 year high, the reality is that has nothing to do with the actual increase with the likes of wheat and corn and natural gas and all that weve seen in the last few weeks. it could be several more months, potentially six months, before we see the impact to headline cpi numbers. tn we see the impact to headline cpi numbers.— cpi numb...

The touch screen. >> john: ive been watching your expertise at the board here, its not as hard as it looks. we try to keep up the illusion. general, thank you. >> sandra: and general keane did a great job as well. good stuff, guys. thank you very much. deadly conflict in ukraine is impacting our economy here at home, especially when it comes to the u.s. farming industry. garrett tenny joins us now. hes live from indiana. >> across the board, food prices went up 1% from january to february, but t...

And some fertilizer prices have more than doubled in the past year due to covid supply chain issues and several major storms and could get even worse now. food will be more expensive to grow, less of it on the global market and we will all end up paying for it. >> if the prices continue, youll see bread prices slightly higher, only about 10% of the cost of a loaf of bread is wheat. however, if you are buying flour off the shelf, all purpose, bread flour, likely to increase 25, 30%, if the prices...