Egypt's strategic wheat reserves enough to last until early April

22.12.2016

Egypt's strategic wheat reserves are sufficient to last until the beginning of April, the country's Supply Minister Mohamed Ali Meselhy said in a cabinet statement late on Wednesday.

The new reserve figure was released after Egypt's state-owned General Authority for Supply Commodities (GASC) bought 360,000 tonnes of Russian, Argentine and Romanian wheat on Tuesday in a tender.

Meselhy said the government had bought a total of 840,000 tonnes of wheat. Egypt is the world's biggest importer of wheat.


zawya.com

Readers choice: TOP-5 articles of the month by UkrAgroConsult