The podcast discusses the rise in international wheat prices and the stagnant price of a baguette in Tunisia. It focuses on Tunisia's efforts to enhance food resilience by building grain silos and growing its own wheat to manage grain supply and prepare for future food crises.
Tunisia is investing over $500 million in building grain silos and other infrastructure to increase its grain reserves from two to four months of supply, ensuring food security in the face of future crises.
By investing in increased storage capacity and better grain management practices, Tunisia aims to reduce waste after local harvests and become more self-sufficient in wheat production, strengthening the country's food resilience in the long run.
Deep dives
Importance of Food Resilience
Food resilience refers to a country's ability to withstand shocks to its food supply, such as climate change, natural disasters, and war. This was exemplified by Tunisia's experience with the Ukraine war, which disrupted its wheat imports. As a result, wheat prices doubled, putting a strain on the country's economy. To avoid similar situations in the future, Tunisia is investing over $500 million in building grain silos and other infrastructure to increase its grain reserves from two to four months of supply. This project aims to manage grain supplies effectively and ensure food security in the face of future crises.
Tunisia's Wheat Production and Imported Varieties
While Tunisia imports 95% of the soft wheat used in staple foods like the Tunisian baguette, it does produce around 50 to 60% of the hard wheat or germ wheat consumed for couscous and pasta. The dependence on wheat imports, especially from Ukraine, posed a significant challenge when prices surged. By investing in increased storage capacity and better grain management practices, Tunisia aims to reduce waste after local harvests and become more self-sufficient in wheat production. This endeavor will further strengthen the country's food resilience in the long run.
In the spring of 2022, international wheat prices rose to their highest level in 20 years. In Tunisia, the official price of a baguette remained the same as it had been for more than 15 years – 0.19 Tunisian dinars (about 6 euro cents).