Greece is ready to increase sunflower oil production

Published Mar 30, 2022

Tridge summary

The Greek Ministry of Agriculture is considering a change in sunflower oil production to prioritize household consumption over biofuels due to rising prices and record inflation. The ministry confirmed no food shortage currently and is considering increasing domestic production. The ministry is also asking supermarkets and food retailers to declare their stocks of essential food items. Greece is seeking EU approval for aid for the cultivation of wheat and maize for 2023-2027 to incentivize Greek farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Greek Ministry of Agriculture said sunflower oil production could be increased if needed to produce more for household consumption instead of biofuels, as rising prices increase record inflation. There is no food shortage in Greece yet, the ministry said in a statement issued following a ministerial meeting chaired by the prime minister. Greece imports sunflower oil from Ukraine. Imports of wheat from Ukraine and Russia are estimated at around 250,000 tonnes, which is about 30% of total wheat imports. "The Athens Minister of Agriculture noted that there is always room for increasing domestic production, and changing the distribution between biofuel use and domestic use could further help increase usable quantities," the ministry said, without giving further details. for example, supermarkets and other food retailers to declare their stocks of flour, grain, fertilizers, food of animal origin, sunflower and other vegetable oils. In the wake of the war in Ukraine, consumers are ...
Source: AgroForum

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