Friday 18 Oct

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Government sets wheat purchase price to EGP 2200


Government sets wheat purchase price to EGP 2200

During its meeting today, Wednesday, chaired by Dr. Moustafa Madbouly, the Cabinet approved a proposal submitted by the Minister of Agriculture. This proposal outlined an agreement between the Ministries of Agriculture, Finance, and Supply to establish a reference price for wheat cultivation during the 2024-2025 season.

The agreed reference prices are as follows: 2200 Egyptian pounds per faneg for quality 23.5 wheat, 2150 Egyptian pounds per faneg for quality 23 wheat, and 2100 Egyptian pounds per faneg for quality 22 wheat.