Egypt's wheat season ends without target
The season for local wheat supply in Egypt has concluded with the purchase of 4.72 million tons, an increase of about 20% compared to the previous year. However, it fell short of the government's target of 5 million tons. The increase was driven by measures to stimulate local production, such as raising purchase prices, improving seed quality, and expanding cultivated areas in reclaimed desert lands. Egypt is one of the largest wheat importers in the world and plans to shift from in-kind support to cash subsidies by 2027, with the goal of achieving self-sufficiency in wheat by 2028.
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