He described climate change as the biggest threat to agriculture Mr. Spyros Theodoropoulos, president and CEO of Bespoke during a discussion in the context of the “Greece After” Circle of Ideas conference.
Right now, as he said, we are facing each other with the first “signs” through price increases. But soon, he estimated, we will move to the second stage, where even high prices do not mean that they will ensure the good.
“We will see permanent shortages of goods» he pointed out by noting that oranges will be the first product that within the next 12 months will start to show shortages.
“The world’s largest orange grove, South America, has ‘burned out.’ Prices in Brazil, for example, have gone from 2.5 euros per liter to 6.5 euros. But again the problem is not the price, but that the suppliers do not have the goods. So the deficiencies will be seen throughout the chain” noted Mr. Theodoropoulos.
In the same logic but of a smaller extent is the problem which is also observed in the olive oil market, he pointed out while estimating that “police and legal measures will not solve the problem”. Solutions, according to him, can be provided by technology with greenhouses and protected agricultural production.
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Tags: Food Climate change bell ringer High prices fear shortages
