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Egypt: The Ministry of Supply aims to receive 230 thousand tons of wheat in Fayoum during the current 2024 season

Published Apr 18, 2024

Tridge summary

In Egypt, the Ministry of Supply and Internal Trade is preparing for the 2024 local wheat supply season with a goal to collect 230,000 tons of wheat from Fayoum Governorate, cultivated over 171,524 acres, contributing to a national target of 3.5 million tons. Farmers and suppliers are to be paid within 48 hours, with storage facilities like silos and hangars ready for the incoming wheat. The Tamiya silo in Fayoum, with a 60 thousand ton capacity, established in 2017 through a UAE grant, plays a significant role in these efforts. The article also highlights the operational details, including the formation of receiving committees, a central operations room for oversight, and regulatory measures to ensure efficient wheat collection and storage. Additionally, it notes the optional nature of local wheat supply operations, despite high demand from farmers across all governorates, and outlines the pricing for wheat of varying purities for the upcoming season.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Ministry of Supply and Internal Trade announced that it aims to receive 230,000 tons of wheat in Fayoum Governorate during the 2024 local supply season, out of a total cultivated area of 171,524 acres. Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, said that all local wheat receiving points in the governorates of the Republic are currently receiving the crop from farmers through the marketing entities, which are the Egyptian Holding Company for Silos and Storage, the General Company for Silos, and the milling companies affiliated with the Holding Company for Food Industries. Al-Moselhi revealed that various receiving points have been prepared, including silos, upgraded barns, hangars and warehouses, to receive the local wheat crop produced this year with large storage spaces. The Minister of Supply and Internal Trade said that during the 2024 season, it is targeted to receive 3.5 million tons of wheat from all governorates of the Republic, provided that farmers and ...
Source: Almalnews
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