Trade and markets
 

Detail

Area
Egypt
Commodity Group
Grains
Commodity
Wheat
Date
01/10/2011
Policy Category
Production
Policy Instrument
Government procurement from farmers and Minimum support price
Description
EGP 11 billion (USD 1.8 billion) allocated for the purchase of wheat from farmers in 2011 (national fiscal year). Minimum producer price increased by 8 percent, well above the international wheat price.