Egypt: The Cabinet approves setting a guaranteed price for sugarcane and sugar beet crops for the 2025 season
Published 2024년 8월 29일
Tridge summary
The Egyptian Cabinet, led by Dr. Mostafa Madbouly, has set the indicative prices for sugar crops for the 2025 season at 2,500 pounds per ton for sugar cane and 2,400 pounds per ton for sugar beets. This decision aims to encourage farmers to cultivate these crops, increase their productivity, meet the local market's needs for sugar, reduce import costs, conserve foreign currency, boost farmers' income, and maximize factory operation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Written by: Dr. Osama Badir The Cabinet agreed, during its meeting today in New Alamein City headed by Dr. Mostafa Madbouly, to set indicative prices (guaranteed price) for sugar crops for the 2025 season. Follow us on Al-Falah Today Channel Follow us on Al-Falah Today Facebook page Mohamed Al-Homsany, the official spokesman for the Prime Minister's Office, said that it was decided that the price of supplying a ton of sugar cane would be 2,500 pounds, and the price of supplying a ton of sugar beets would be 2,400 pounds, in the context of encouraging farmers to cultivate these important strategic crops, expand their cultivation, and increase their productivity. Al-Homsany added, in a statement received by Al-Falah Today, that setting a guaranteed price for sugar cane and beet crops contributes to meeting the ...
Source: Alfallahalyoum
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