이집트 곡류 및 콩류 인사이트

The Egyptian government is looking to increase local wheat purchases from farmers by 11% to reach 4 million tons in the upcoming harvest season, which starts in mid-April, Asharq Business reported citing Supply Minister Sherif Farouk. Egypt’s wheat planting season began in mid-November and will continue until the end of January. The harvest is expected

Egypt's government plans to increase wheat purchases from local farmers by 11% to reduce state imports by 200,000 tons

Following changes to Egypt’s state wheat procurement agency, private companies have become the dominant importers. According to the US Department of Agriculture, Egypt is expected to purchase 12.5 million tons of wheat in 2024/25. Traditionally, imports have been handled by the public and private sectors. In 2023/24, the state agency GASC provided 52% of the total imports of 12.3 million tons, and in 2024/25, 3.17 million tons of wheat were contracted through tenders and private agreements. However, on December 6, the Ministry of Supply transferred the authority of GASC to the new agency Mostakbal Misr, which in January increased the share of the private sector in imports compared to last year, as the agency purchased wheat mainly from local companies. According to traders, since December, Egypt has purchased about 1 million tons of wheat from local farmers and its private companies with stocks of Russian wheat. However, there is information that Egyptian farmers are limited in ...