Norway is creating emergency stocks of grain in case of a pandemic, war in Europe or climate change

Published 2024년 6월 27일

Tridge summary

The Norwegian government has partnered with four private companies to create a strategic grain stockpile of 30,000 tons. The grain, which will be owned by the government, will be stored at the companies' facilities across the country. The partnership aims to mitigate the impact of the COVID-19 pandemic, war in Europe, and climate change on Norway's grain supply. The companies can invest in new facilities and decide where to store the emergency grain, but they are obligated to provide it to the government in case of an emergency.

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Original content

In Norway, the government and 4 private companies signed an agreement to build up a strategic grain stockpile in case of the COVID-19 pandemic, war in Europe and climate change. AR informs about this. According to the agreement, the stock of grain should be 30,000 tons. The wheat, which will be owned by the Norwegian government, will be stored at the companies' existing facilities across the country. Three companies are storing at least 15,000 tons this year. The Norwegian government said the companies that entered into the agreement are free to invest in new facilities and decide for themselves where they want to store emergency grain, but they must provide emergency grain to the ...

Source: Elevatorist