Using food as a weapon was regularly talked about during the Cold War days--The Soviet Union was seldom able to feed itself, and the US was by far the largest exporter of grain. So there was periodic talk of embargoing sales of wheat to the Soviet Union. To my memory, the only time it was actually tried was during the Carter presidency after the Russian invasion of Afghanistan. This wasn't too effective, partly because the US was committed by treaty to sell a certain amount of grain (and Carter allowed that amount) and partly because wheat is a "fungible" commodity--If one supplier of wheat won't sell, wheat from a different supplier will be just as good.
Commodity embargoes don't work unless the embargoer has a near monopoly on the good involved. And in the US, the embargo carried a huge political price--It outraged farmers, who have a substantial amount of political clout.
Charging a higher price is actually probably more difficult. Since wheat is grown and sold by individuals who charge as much as they can get on the market, I know of no way to make "higher prices" happen except with export tariffs. These would cause even more political unrest than the grain embargo caused. And will you charge higher prices for everyone, including your dear friends? If so, you'll alienate your friends. If not, your friends will buy wheat at a lower price set just for them, and resell it to undercut your higher price.
Note that some countries suffering from the rice shortage that has received so much media attention have totally banned exports not for some political reason, but simply to hold rice in their own country (thus keeping their domestic prices down) instead of allowing it to be exported to richer countries that will pay a higher price for it!
If you've managed not to fall asleep during the preceding, you shouldn't drink so much coffee! :-)
