Finland will build up strategic grain reserves

Published 2022년 12월 12일

Tridge summary

Finland is planning to increase its strategic grain reserves from the current 6 months to 8.5 months of normal population consumption. The country will achieve this by purchasing an additional amount of oats, wheat, and barley, which is roughly equivalent to 2.5 months of average food use. This move is aimed at strengthening the country's long-term readiness in the face of global disruptions. The European Commission has forecasted a nearly 20% decrease in EU cereal stocks from 2022 to 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Finland is increasing its strategic grain reserves from 6 to 8.5 months of normal population consumption, the country's Strategic Supply Center said on Monday. "The goal is to increase strategic stocks with oats, wheat and barley produced in Finland and suitable for human consumption. The total purchase amount corresponds to approximately 2.5 months of average food use. This measure will strengthen long-term readiness in a difficult global situation," - the message says. State strategic stocks are used to ensure domestic supplies in case of serious disruptions and exceptional circumstances, while the amount available in the country corresponds to at least 6-month average consumption in the country, the organization clarifies. "The current level of strategic stocks is in line with the ...
Source: Zol

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