Radar Telegram alerts Open Radar

The Egyptian government has raised the price of domestic wheat supplies by 6% to 2,650 pounds in the next supply season, compared to 2,500 pounds for Latsadik last season. The head of the Egyptian Farmers' Syndicate, Hussein Abdel Rahman, told Al-Sharq Bloomberg that the new prices for the supply of wheat did not meet the ambitions of 3,000 pounds per bushel, or a little less. Abdul Rahman expressed his hope for a new increase before the supply season this April. The head of the farmers' organization noted that the production costs witnessed significant increases. Abdul Rahman added to "Al-Sharq Bloomberg" that setting the price before the planting date gives farmers a certain security, and allows them to know the returns of their crops in advance.

الشرق بلومبرغ · Asharq Bloomberg · Source

The Egyptian government has raised the price of domestic wheat supplies by 6% to 2,650 pounds in the next supply season, compared to 2,500 pounds for Latsadik last season. The head of the Egyptian Farmers' Syndicate, Hussein Abdel Rahman, told Al-Sharq Bloomberg that the new prices for the supply of wheat did not meet the ambitions of 3,000 pounds per bushel, or a little less. Abdul Rahman expressed his hope for a new increase before the supply season this April. The head of the farmers' organization noted that the production costs witnessed significant increases. Abdul Rahman added to "Al-Sharq Bloomberg" that setting the price before the planting date gives farmers a certain security, and allows them to know the returns of their crops in advance.

The Egyptian government has raised the price of domestic wheat supplies by 6% to 2,650 pounds in the next supply season, compared to 2,500 pounds for Latsadik last season. The head of the Egyptian Farmers' Syndicate, Hussein Abdel Rahman, told Al-Sharq Bloomberg that the new prices for the supply of wheat did not meet the ambitions of 3,000 pounds per bushel, or a little less. Abdul Rahman expressed his hope for a new increase before the supply season this April. The head of the farmers' organization noted that the production costs witnessed significant increases. Abdul Rahman added to "Al-Sharq Bloomberg" that setting the price before the planting date gives farmers a certain security, and allows them to know the returns of their crops in advance.

Share on WhatsApp Get alerts on Telegram