Russia bans food imports, many U.S. exporters shrug

From soup to nuts, food producers in the United States are reacting to Russia's 12-month ban on food imports with a collective "meh."
 
Bloomberg Businessweek reports that Russia's attempt to retaliate against the U.S. for sanctions have, for the most part, fallen flat. U.S. food producers are stating that whether they grow nuts or produce chicken - or pretty much any other food, for that matter - they don't export enough of their product to Russia for an import ban to add up against their bottom lines.
 
Food industry analysts across the country conclude the impact on U.S. producers will be minimal, and any disruptions to trade will be made up in other markets. Although the ban isn't predicted to affect U.S. trade, analysts agree European food exports will take a bigger hit. But the biggest losers in the food fight will be Russians, who face food shortages and higher prices because of the import ban.

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