Monday, 25 September 2017
Egypt will increase the purchase of maize and wheat in 2017/18 MG
According to experts of the Ministry of agriculture, U.S. (USDA) crop of wheat in Egypt this year will be about 8.1 million tons, which corresponds to the harvest of the previous season
At the level of the previous year and projected production of maize in the country – 6 million tons.
At the same time, Egypt is one of the largest importers of wheat and corn. According to experts in 2017/18 MG wheat imports will increase by 2.6% compared to the previous period, and will amount to 11.7 million tonnes. I foresee the specialists and increase purchases of corn. Though not as significant as wheat or up to 8.8 million tons, against 8.6 million tonnes in the previous season.
Import growth is explained by analysts, increased demand for grain on the domestic market and the reserve margin of the country.
Photo: leconomiste.com
Translated by service "Yandex.Translation"
Источники:
IDK.Эксперт
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