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Egypt wheat supply rises independently
The article discusses Egypt's efforts to increase local wheat production during the harvest season, despite actual production falling short of the government target of approximately 5 million tons. Farmers contributed around 4.72 million tons, representing a 20% increase compared to last year, following price hikes and better facilitation for farmers. However, land area cultivation and distribution, which increased by about 600,000 feddans to 3.7 million feddans, do not align with expectations. Egypt’s wheat imports have risen by 48% in the first half of the year to meet domestic demand, with the government seeking to reduce dependence on imports by boosting local production and localizing the seed industry. Estimates suggest that the total harvest might exceed 5 million tons, depending on actual harvesting performance and whether projections are met.
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