Food & Agriculture
The Syrian Government has finalised the import of 200,000 tons of soft wheat from a local trader although the actual level of wheat supplies in the market appear to be well below demand.
Syria’s olive oil production during the 2014/2015 declined 35 percent on an annual basis according to recent data.
The deadline for bidding for the supply of 200,000 tons of wheat to Syria has been extended.
As expected, the Syrian Government has increased the price of bread, a staple food, by almost two-thirds.
Syria has issued a tender for the import of 200,000 tons of wheat, Reuters has reported.
The Syrian Government has bought only a fraction of the wheat harvest from local farmers and will likely maintain high import levels in the coming months.
Syria’s citrus crop, which is largely grown in the coastal area, is forecast to remain stable this year.
Qatar is granting USD 15 million to the Syrian opposition to buy wheat from local farmers.
Syria’s agriculture sector has been substantially destroyed by the war, a joint report by the Food and Agriculture Organization (FAO) and the World Food Program (WFP) has found.
The Syrian Government is slowing its purchase of barley from local farmers, while at the same time importing from world markets enabling traders to make significant profits, a local publication has reported.
Around 43 percent of state-owned bakeries are out of service because of the war, a government official has said.
After declining last year, Syria’s almond production, which is among the world’s five largest, is expected to pick up in 2015, according to a government official, although it will remain well below its historical averages.
Syria’s crop of pistachio, of which it is one of the leading producers in the world, is estimated to have fallen significantly last year.
Syria has issued a tender for the supply of 150,000 tons of soft wheat to be paid by an Iranian credit line.
The Syrian Government has increased by around a third, compared to last year, the price it will pay to buy the wheat crop from its farmers.
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