Egypt Imports 3.5 million Tons of Wheat- Supply Minister
Ali Al-Moselhi, the Egyptian Minister of Supply and Internal Trade said that 3.5 million tons of wheat were imported during the current fiscal year.
In his statements on Tuesday, he explained that the volume of consumption of subsidized bread amounts to 9 million tons of wheat, noting that 4.2 million tons of local wheat have been received, according to the Middle East News Agency.
He pointed out that the strategic reserve of basic commodities is safe and sufficient for several months, noting that the strategic reserve of wheat is sufficient for more than 6 months, and the oil until next May through contracts.
Regarding the Ukrainian wheat shipment that Egypt contracted (63 thousand tons of wheat) before the Russian-Ukrainian crisis, Al-Moselhi explained that the shipment moved from the Ukrainian ports and is on its way to the Egyptian ports.
Read also
Missed BLACK SEA GRAIN? Get Full Access to Conference Insights!
Argentine soybeans may be banned in the EU due to GM
Ukraine forecasts 60.4 mln tons of grain production
Egypt plans to achieve 70% wheat self-sufficiency by 2030 thanks to EU support
Ukrainian farmers have sown over 60% of spring grain areas
Write to us
Our manager will contact you soon