Russia and Ukraine export about 30% of the world's wheat. The West is very much cutting Russia off as an unreliable partner, so that will make it look more towards China. There are going to be short-term economic scrambles on things like food security. We think about things like bread crisis as being one of the factors in Arab Spring.
It was supposed to boost prosperity and democracy at the same time. What really happened? According to the legal scholar Anthea Roberts, it depends which story you believe.