166,000 tons of fodder, worth about $81 million, were released within a week in Egypt

Published 2023년 3월 13일

Tridge summary

The Minister of Agriculture and Land Reclamation in Egypt, Al-Qaseer, has announced the release of 166,000 tons of corn and soybeans worth $81 million into the market over a period of five days, from March 3 to March 9, 2023. This release is in line with the directives of Prime Minister Mustafa Madbouly and is a part of a larger release of 3,049 million tons, including 2,163 million tons of corn and 886,000 tons of soybeans, along with feed additives, worth a total of $1.515 billion since October 16, 2022. The releases are being coordinated with the Central Bank and the Poultry Federation to ensure a consistent supply of these essential feed ingredients for poultry and farm animals.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Al-Qaseer, Minister of Agriculture and Land Reclamation, announced that the releases are continuing in coordination with the Central Bank, within the framework of following up the directives of Prime Minister Mustafa Madbouly regarding following up the release of fodder supplies. Al-Qusayr added that during the period from March 3, 2023 to March 9, 166,000 tons of corn and soybeans, worth about $81 million, were released. He explained that the release included 119,000 tons of corn, worth about $43 million, and about 47,000 tons of soybeans, worth $35 million, as well as feed additives worth about $3 million. Al-Qusayr confirmed that the release aims to provide quantities in the market of corn and soy, which are the basic ingredients for poultry feed as well as farm animals, so that the total that was released during the period from (October 16, 2022 to March 9, 2023) is 3,049 million tons, of which 2,163 million tons are corn 886 One ...
Source: Almalnews

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