Strategic grain reserve

A strategic grain reserve is a government stockpile of grain for the purpose of meeting future domestic or international needs. In the United States, such programs have included the Farmer-Owned Grain Reserve (1977–1996), Food Security Wheat Reserve (1980–1996), Food Security Commodity Reserve (1996–1998), and most recently the Bill Emerson Humanitarian Trust (1998–).

Setting Up 'Grain OPEC'

Russian Deputy Prime Minister Aleksey Gordeyev has suggested creating an organization of grain exporters similar to the Organization of Petroleum Exporting Countries (OPEC). This Gordeyev believes would ensure "the stability of the grain market, coordinate grain prices, and solve the problem of world hunger". This concept was discussed with German Minister of Food and Agriculture Julia Klockner and Minister-President of North Rhine-Westphalia Armin Laschet who met on the sidelines of ANUGA 2019, the international trade fair for food and beverages in Cologne. According to the Deputy Prime Minister, the future organization could "include Russia, the European Union, the United States, Canada, Argentina, and other nations."[1]

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References
  1. "Russia offers to set up 'grain OPEC' to ensure stability & solve problem of world hunger". RT International. Retrieved 2019-10-08.


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