The government of Egypt raised the purchase prices of wheat from local farmers by 7%, with imports last season decreasing by over a fifth.
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The Egyptian government has set purchase prices for wheat from local farmers for the 2025-2026 agricultural season at levels of 2250-2350 Egyptian pounds (46.4-48.5 dollars) per ardeb (a measure of weight equal to 150 kilograms) depending on the purity of the grain, or 309-323 dollars per ton, local media reported. Compared to last season, the prices are on average 7% higher. So far, Egypt has purchased 3.9 million tons of wheat from local farmers, with plans for the amount to reach between 4 and 5 million tons in a harvest of around 10 million tons. The government noted that the increase in purchase prices is due to the need "to respond to the current economic changes" in line with "the vision of Egypt's political leadership to stabilize the elements of food security and to reduce dependence on imports." It appears that the increase in purchase prices for local farmers has a beneficial effect on reducing wheat imports into Egypt, as a similar measure was taken last season, which ...