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Egypt makes record annual purchase of domestic wheat: Ministry

Ahram Online , Friday 22 May 2015
Wheat
An Egyptian farmer harvests wheat on his farm in Qalubiyah, North Cairo, in May 2013 (Photo: AP)
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The Egyptian government has bought 4.58 million tonnes of wheat from local farmers since the beginning of harvest in April, the supply ministry announced Friday. The figure is the largest ever annual purchase of domestic wheat by the government, and surpasses an initial target of 3.7 million tonnes.

In a statement the supply minister, Khaled Hanafy, attributed the rise to the announcement of the price prior to planting season, which encouraged more farmers to grow the crop.

Egypt buys wheat from local farmers at a price higher than the international rate, and this year set the price at LE420 ($55) per ardeb (150 Kg).

Egypt, the world's largest importer of wheat, will continue to buy wheat from local farmers until the end of the three-month harvest season in July, the statement said.

The North African country imported 5.46 million tonnes of wheat in the fiscal year 2013/2014, in addition to procuring 3.7 million tonnes of local wheat, according to Reuters data.

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Neo
22-05-2015 02:21pm
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The road to 8m domestic
GREAT PROGRESSES, We are reducing consumption from 10m to 8m tons, reducing imports from 6m to 4m, and now growing local production above 4m for the first time. 8m domestic production is doable with hard work and modern planning, we can get there if we want. Let’s keep at it …
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expat
26-05-2015 09:16pm
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why bother?
the rules for fruit exchange on soil are unique and every where the same. You can only bypas them with fertilizer on chemical basis. This again costs money,which has to be earned by the farmers against their harvest. nothing to bother about that too much, as nobody wants to listen...THE only way to increase your harvests constantly is to increase your fertile soil areas,and THATS not really easy for a desert country
Neo
25-05-2015 06:00pm
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Real Experts
Expat, there are REAL Agro-experts in Egypt and around the world who know much more than me on how to build a successful agriculture industry, self-sufficiency, and food security; I’d defer to them.
expat
25-05-2015 09:39am
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eve rheard of planting rules?
you cannot plant every year the same fruit on fields, as it would expire the nutrition of the field. So,when you plant this year nearly all fields with weath, next year you have to either change the product or you will have to use heavy chemical fertilizer, which is too expensive for egyptian farmers...
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