Egypt extends purchases to buy 4 mln t local wheat -MENA

Egypt, the world's top wheat importer, has extended the period in which it purchases domestic wheat from its local harvest by 10 days to June 30 and expects to buy 4 million tonnes in total, an Agriculture Ministry source told state news agency MENA.

The Supplies Ministry said last week that Egypt had bought 3.7 million tonnes of domestic wheat this year.

But MENA said the Agriculture Ministry had agreed with the Supplies Ministry to extend the deadline and buy more locally.

The amount of domestic wheat bought by the government during this year's harvest is far lower than its initial target of 4.4 million tonnes from local farmers.

Egypt is striving to boost its self-sufficiency and reduce its 32 billion Egyptian pound ($4.5 billion) food import bill.

It faces a range of challenges in increasing its domestic supply, from poor storage and transportation systems that cause waste to a lack of desire from farmers to sell more of the wheat they grow to the government.