Egypt: The state directs maximum support to the agricultural sector and farmers

Published 2023년 2월 18일

Tridge summary

The article outlines the political leadership's support for the agricultural sector in Egypt, with a focus on strategic crops and the contractual farming system. The state is setting remunerative prices for crops like corn, soybeans, and sunflower to encourage production, reduce imports, and control prices. There are plans to expand the cultivation of oil crops and increase the production of fodder crops. The article also emphasizes the need for legislation for incentives in contractual agriculture and the establishment of the Contractual Farming Center to protect farmers from price fluctuations and encourage productivity. This initiative, which includes the Harvest and Buy scheme, aims to achieve food security and decrease the production-consumption gap.

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Original content

Dr. Mohamed Youssef, Professor of Agriculture and Biological Control at the Faculty of Agriculture, Zagazig University, Consultant of Organic Agriculture in the Economic Unit of the League of Arab States, confirmed that the political leadership is providing the utmost support to the agricultural sector and farmers and paying attention to the system of supplying strategic agricultural crops and developing the contractual farming system to encourage the expansion of the cultivation of strategic crops, especially Oil crops and fodder. Youssef added, in a special statement to Akhbar Al-Youm portal, that the state has paid attention during the past period to setting remunerative prices that achieve the highest profit margin for the farmer within the contract farming system, especially corn, soybeans and sunflower crops, with the aim of increasing production from these crops, which are included in The fodder industry, which reduces the import bill from abroad and contributes to price ...

Source: Akhbarelyom