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بوابة الشروق
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Rice prices rise despite higher yields
Rice prices in Egypt have increased by up to 1,000 Egyptian pounds per ton during the current 2026-2027 season, despite an increase in productivity which reached about 8 million tons of barley— the highest season in terms of cultivated areas— due to farmers' reluctance to plant cotton and other crops, as well as previous losses. The price hike is attributed to some farmers and middlemen delaying sales in anticipation of higher prices, resulting in a portion of the supply being withheld from the local market. Meanwhile, estimates indicate that current prices are significantly below the cost of production, causing damage to rice farmers. The recent rise was also driven by high demand from traders, who are purchasing large quantities in anticipation of future exports. However, experts warn that some traders may be stockpiling large amounts to artificially inflate prices after the harvest season ends.
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