Watch: Biden debuts efforts to boost U.S. crop production as Ukraine invasion fuels food prices

Watch: Biden debuts efforts to boost U.S. crop production as Ukraine invasion fuels food prices

[The stream is slated to start at 2:15 p.m. ET. Please refresh the page if you do not see a player above at that time.] President on Wednesday is set to outline White House plans to help American farmers boost crop production to counter reduced food exports from Europe caused by Russia's invasion of Ukraine. The president, set to speak from Kankakee, Illinois, will likely highlight how Russian President Vladimir Putin's attack has driven up the global prices of wheat, corn, barley, oilseeds and cooking oil. Russia and Ukraine combined supply more than 25% of the world's wheat exports and about 20% of barley exports. In an attempt to quell food shortages, the Biden administration said it plans to increase the number of counties eligible for insurance for "double cropping," when farmers plant a second crop on the same land in the same year. The White House hopes those steps will help U.S. farmers top a record-setting 2021 growing season, during which the value of American agricultural exports hit $177 billion. The latest initiatives come a month after the United Nations warned that to the domino effect of Russia's war on global food, energy and finance systems. The global body