Agriculture News
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Egypt buys three million tonnes of domestic wheat
The ministry said farmers are continuing to harvest the wheat, the farmland for which amounts to 3.4 million feddans nationwide.
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Egypt sets price for local cotton and corn crop
Agriculture Minister Essam Fayed said in a statement that certain types of cotton would be banned during the current season.
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Water soluble fertilizers Market and Industry Development Research Report 2014 to 2021
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Egypt begins domestic wheat procurement, expects 4 mln tons
In March Egypt's grain buyer, GASC, imported 60,000 tonnes of wheat, making stockpiles sufficient until the first week of July.
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A high-tech attempt to ease Egypt’s grain drain
Egypt is the world’s largest importer of wheat but also a prolific squanderer of its own crop.
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Egypt's GASC receives wheat offers from six trading firms
The lowest offer for the tender was for 60,000 tonnes of French wheat at $179.44 a tonne free-on-board (FOB) from Soufflet.
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Egypt's wheat reserves enough until beginning of July
Last month, GASC had to cancel an international wheat tender after being offered unsatisfactory prices by only four traders.
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Egypt appoints new head of agriculture quarantine authority
The position has been assigned to Ahmed Embabi, the head of research at the ministry's Agriculture Research Centre.
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Egypt's Central Bank to restructure state agricultural lender
The PBDAC, which is currently under the jurisdiction of the ministry of agriculture and not the CBE, will be restructured.
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EU wheat futures edge lower on Egypt import uncertainty
Traders were cautious about the letter sent by Egypt's Agriculture Ministry stating it would allow traces of ergot fungus in wheat imports.
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Wheat offers remain scarce at Egypt GASC wheat import tender
Suppliers have been presenting offers to GASC with a risk premium for the past two tenders due to uncertainty about the allowed limits of ergot.
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Egypt cancels wheat tender due to insufficient offers
World's largest wheat buyer unable to get satisfactory prices in the aftermath of rejecting a french shipment for reported high ergot levels.
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Egypt only accepting standard 0.05% ergot in wheat
A high level of ergot in wheat can cause serious health problems if consumed.
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Egypt to open MENA's first agricultural commodities exchange
The plan is to trade eight commodities through 2 million contracts in the first year while targeting 9.5 million contracts in five years.
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EU wheat hits contract lows after Egypt rejects French cargo
Front-month March on the Euronext milling wheat futures market was down 2.25 euros at a contract low of 161.50 euros a tonne by 1657 GMT.
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Argentina Said to Get Approval for Egypt-Bound Wheat Cargoes
Egypt rejected a French wheat cargo shipped by trader Bunge Ltd. because of contamination with ergot, a fungus that can cause health problems.
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Egypt and Russia grain squabble
Russian wheat comprises a majority of the 5 million tonnes purchased by Egypt's main state wheat buyer GASC during this fiscal year.
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Egypt's Sisi inaugurates 1.5 million feddan reclamation megaproject
In November, the cabinet approved the establishment of a company with a capital of LE15 billion (around $2 billion) to manage the megaproject.
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Wheat turns higher as Egypt seeks supplies, corn also up
Corn and soybean prices also edged up although ample global supplies of both commodities helped to cap gains.