Markets and Trade
AreaEgypt
Commodity GroupGrains
CommodityWheat
Date01/02/2013
Policy CategoryProduction
Policy InstrumentGovernment procurement and procurement price
DescriptionIncreased 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.