Israel seeks to increase wheat production, reduce dependency on imports

Israel's Agriculture and Food Security Ministry has unveiled its first strategic plan, aiming to invest around 500 million shekels to cut the country's reliance on wheat imports, which currently stands at 90%. This initiative was sparked by the disruption in global wheat supplies, including from major supplier Ukraine, following Russia's invasion of Ukraine. The plan includes access to market intelligence data from the agri markets platform, AgriSupp, providing operational information and analytical reports for the Black Sea & Danube markets.

The Agriculture and Food Security Ministry has launched its first-ever strategic plan, investing approximately 500 million shekels to reduce the country’s dependence on wheat imports. Currently, Israel grows only 10% of its wheat needs, while the remaining 90% is imported. This reliance on imports was severely impacted, like the rest of the world, by Russia’s invasion of Ukraine, a major wheat supplier. At the war’s onset, Russia blocked Ukrainian exports and even burned crops to prevent wheat from reaching the West. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online platform with market intelligence for grains ...