Trade and markets
 

Detail

Area
Egypt
Commodity Group
Grains
Commodity
Wheat
Date
01/02/2013
Policy Category
Production
Policy Instrument
Government procurement and procurement price
Description
Increased procurement price for wheat in 2013/14 MY by 5 percent to EGP 2 666,5 per tonnes (USD 400 per tonnes). Government has allocated EGP 11 billion (USD 1.6 billion) to boost domestic wheat procurement to 4.5 million tonnes.