Egypt to purchase 4mn tonnes of wheat from local farmers in 2018
The Supply Ministry spokesman, Mamdouh Ramadan, told Reuters that the government is planning to purchase over 4mn tonnes of wheat from local farmers this year. He added that the government is, however, intending to purchase much more than local farmers are willing to sell, in light of the Cabinet announcing the price of local wheat for this harvest season by the end of the month. Government sources had told Reuters earlier this month that the buying price of wheat would likely be based on average local and global prices.
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