Cyprus wheat supplies secure, for now says minister
Following developments in Russia and Ukraine, Agriculture Minister Costas Kadis on Monday assured that Cyprus would not face a wheat shortage in the foreseeable future.
Speaking on CyBC radio, Kadis said that the ministry had prepared during the summer for any eventuality, ordering and stockpiling a reserve amounting to 37,000 tonnes of wheat.
The investment made to preserve and store this wheat in silos is now proving its worth, Kadis said, adding that it is hoped the reserve will not need to be released at present.
The minister said that prices will inevitably rise because although only a small amount of the island’s wheat imports come from Russia and Ukraine, the price of wheat is subject to the worldwide increase in demand and no interference in the market is possible.
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