Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Federal Reserve maintains interest rates    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    58 days that exposed IMF's contradictions on Egypt    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    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    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.



Madbouly reviews Egypt's wheat procurement strategy
Published in Daily News Egypt on 02 - 12 - 2024

Egypt's Prime Minister Mostafa Madbouly chaired a meeting Monday to review the country's wheat procurement strategy. The meeting, attended by key ministers and agency heads, focused on ensuring sufficient wheat supplies to meet the needs of Egypt's growing population.
Attendees included Minister of Finance Ahmed Kouchouk, Minister of Supply and Internal Trade Sherif Farouk, Deputy Minister of Agriculture and Land Reclamation Mostafa El-Sayyad, and Executive Director of the Egyptian Agency for Sustainable Development (Masr El-Mostakbal) Bahaa El-Ghannam, along with representatives from several relevant ministries and agencies.
Madbouly emphasized the government's commitment to maintaining strategic reserves of essential commodities, particularly wheat, in line with President Abdel Fattah El-Sisi's directives. He noted the ongoing monitoring of efforts to secure the country's wheat requirements at optimal prices through a highly efficient system.
Minister Farouk highlighted the Ministry of Supply's collaboration with other entities to secure wheat and build strategic reserves. Minister Kouchouk confirmed the Ministry of Finance's continued commitment to providing necessary funding for wheat procurement according to agreed-upon schedules.
El-Ghannam reviewed the Egyptian Agency for Sustainable Development's efforts to secure wheat, noting ongoing coordination with the Ministry of Supply and highlighting the agency's focus on diversifying wheat sources and expanding agricultural land to increase domestic production.
As Africa's largest wheat producer and consumer, Egypt has implemented an ambitious national wheat market expansion plan in recent years.
This plan aims to achieve self-sufficiency in wheat production and reduce its import bill, which increased to $3.8bn between 2017 and 2021. The Egyptian government, through the Ministry of Agriculture and Land Reclamation, and the private sector have invested in wheat research and development, and improved access to financing for farmers to boost production and marketing capabilities.
With a population of 106 million, Egypt's wheat consumption is projected to reach 20.65 million tonnes in the short term, increasing to an estimated 124 million by 2030. Egypt currently relies on wheat imports to address an annual deficit of over 10 million tonnes, making it the world's largest wheat importer in 2021 (8.3% of global imports).
However, the government is prioritising domestic production increases, improved procurement terms for farmers, expanded storage capacity, and modern irrigation systems in both reclaimed and existing wheat-growing regions.
Egypt aims to reduce post-harvest losses (estimated at 21%, or 4.4 million tonnes) by focusing on efficiency in crop growth, marketing, and storage. The country has increased wheat acreage and enhanced yields through modern irrigation systems, including Mechanized Raised-Bed Irrigation (MRBI) technology. According to the International Center for Agricultural Research in the Dry Areas (ICARDA), MRBI "is adapted to dryland conditions and improves water use efficiency, improving farmers' livelihoods through increased farm productivity with fewer inputs." The African Development Bank (AfDB) reports that Egypt aims to boost production to 11.5 million tonnes by 2025 using this technology.


Clic here to read the story from its source.