The wheat harvest in Egypt may turn out to be larger than forecast

Egypt may harvest a larger than expected wheat crop in 2024-25 as the government encourages more acreage and higher yields, World Grain reports. The wheat harvest is estimated at 9.2 million tons, compared to 8.87 million tons a year earlier. High government purchase prices also encouraged farmers to sow more wheat. Wheat imports are estimated at 12.5 million tons, which is 11.4% more than the previous estimate, but the same as in 2023-24. “Foreign exchange inflows helped release cargoes stored at ports and facilitated imports of staple goods (including wheat) for both the public and private sectors. Moreover, the decline in international wheat prices has also contributed to both the private and public sectors trying to maximize purchases at reduced prices,” the USDA report said. Egypt is a key supplier of wheat flour to many countries in Africa and the Middle East. It has significantly expanded its flour exports to the region while continuing to build processing capacity. The ...