Last Update 21:44
Tuesday, 17 September 2019

Egypt bought 1.6 mln tonnes of local wheat so far in season: Minister

Reuters , Tuesday 5 May 2015
Egypt's supplies minister Khaled Hanafi (Photo: Al-Ahram)
Views: 1050
Views: 1050

Egypt's supplies minister said on Tuesday that it has so far bought about 1.6 million tonnes of local wheat since the current season began in mid-April.

Speaking to Reuters on the sidelines of a conference in the Lebanese capital Beirut, Khaled Hanafi said:

"Until now, we've received about 1.6 million tonnes and this size changes every day. I think the percentage of procurement is higher than it's been in the past."

Egypt expects to take in around 3.7 million tonnes of local wheat for some 10 billion Egyptian pounds ($1.31 billion) which will ensure it has strategic reserves until the beginning of October. The season for local wheat procurements ends in mid-July.

Hanafi said his country, the world's top wheat importer, had reduced its wheat imports by 20 percent in the current fiscal year ending in June since it implemented a new smart card system for subsidised bread.

Egypt imported 5.46 million tonnes of wheat in the fiscal year 2013/2014 in addition to procuring 3.7 million tonnes of local wheat. Hanafi said he expected a big drop in wheat imports in the 2015/2016 fiscal year, without being more specific. 

Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.