Kyrgyzstan and Tajikistan are tapping into their strategic reserves of flour, seeking to dampen exploding wheat prices, which, according to the World Bank, have increased more in Kyrgyzstan than in any other country. Prices have climbed 54 percent in Bishkek since last June, while Tajikistan registered a 37 percent increase nationwide.
The reasons for the surge are well beyond Bishkek or Dushanbe’s control, with poor weather and export restrictions in wheat-growing countries, as well as fears of large orders in some consuming markets, to blame, says the World Bank. Internationally, wheat prices increased by 20 percent in the last quarter of 2010, the most of any grain.
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