EGX ends in green on June 16    Egyptian pound rebounds at June 16 close – CBE    Egypt, IFC explore new investment avenues    Israel, Iran exchange airstrikes in unprecedented escalation, sparking fears of regional war    Rock Developments to launch new 17-feddan residential project in New Heliopolis    Madinet Masr, Waheej sign MoU to drive strategic expansion in Saudi Arabia    EHA, Konecta explore strategic partnership in digital transformation, smart healthcare    Egyptian ministers highlight youth role in shaping health policy at Senate simulation meeting    Egypt signs $1.6bn in energy deals with private sector, partners    Pakistani, Turkish leaders condemn Israeli strikes, call for UN action    Sisi launches new support initiative for families of war, terrorism victims    Egypt's President stresses need to halt military actions in call with Cypriot counterpart    Egypt's GAH, Spain's Konecta discuss digital health partnership    Environment Minister chairs closing session on Mediterranean Sea protection at UN Ocean Conference    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    US Senate clears over $3b in arms sales to Qatar, UAE    Egypt discusses urgent population, development plan with WB    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt goes for 'less moist' in imported wheat
No more French wheat for Egypt's main staple food as imports will now require less than 13 percent moisture
Published in Ahram Online on 31 - 01 - 2014

Egypt's wheat imports will no longer contain more than 13 percent moisture, supply ministry spokesperson Mahmoud Diab told Ahram Online on Friday.
Earlier on Friday, the Wall Street Journal reported that a decision by the Egyptian authorities to import wheat with less than 13 percent moisture would exclude France's wheat which on average contains 13.5 percent moisture.
“We do not deal with governments and states. We buy from dealers in international markets depending on the best prices and on our quality standards,” said Diab.
Moist wheat is not suitable for Egyptian bread because solid wheat is required, added Diab.
Earlier this week, the government, represented by the General Authority for Supply Commodities (GASC), bought 240,000 tonnes of wheat from Russia and the United States at a price of LE2,096 per tonne ($301) through global tenders.
The current wheat stock will be sufficient until mid-May 2014, said Diab.
In November, the Egyptian agriculture minister told Reuters that the state could achieve self-sufficiency in wheat for its bread subsidy programme by 2019 if silo storage capacity is raised by one million tonnes annually
Egypt's current silo storage capacity is 1.5 million tonnes but the United Arab Emirates pledged part of its LE34 billion ($4.9 billion) aid package to Egypt to build 25 new wheat silos, each with a capacity of 60,000 tonnes. This would bring the country's storage capacity to 3 million tonnes by mid-2014.
“GASC currently consumes nine million tonnes annually to provide subsidised bread, of which 3.6 million tonnes are supplied by local farmers while the remaining 5.4 million tonnes are imported.”
Local wheat, which is grown on 38 percent of arable land in Egypt, is sold by farmers to both the private sector and GASC, said Diab.
“We encourage farmers to grow wheat. Last harvest, we bought from farmers at a higher price thanthis week's global tender,” added Diab.
GASC bought wheat from local farmers at a price of LE3150 per tonne ($452 per ton) during the April to July 2013 harvest.
http://english.ahram.org.eg/News/93126.aspx


Clic here to read the story from its source.