Egypt has enough wheat stocks for four months
The Egyptian government said that the country’s strategic wheat reserves are sufficient for four months of consumption. This is reported by the Asharq Al-Awsat newspaper. According to the official statement, sugar reserves are enough for 13.5 months, vegetable oils – for 6.3 months.
In January, the Egyptian state agency Mostakbal Misr signed several agreements with European exporters on wheat supplies, including barter agreements. In December, Mostakbal Misr signed direct contracts for the supply of 1.267 million tons of wheat, mainly of Russian origin.
Read also
Kazakhstan ready to supply up to 20 thsd tons of grain per month to Armenia via Az...
Australia sets new record for chickpea exports in 2024/25
Malaysia’s palm oil stocks reach 6-1/2-year high in October
Ukraine to create digital system for monitoring soybean and rapeseed exports
Egypt purchased about 500 thsd tons of wheat from the Black Sea region
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon