Supply of Egyptian wheat available from April to August


Supply of Egyptian wheat available from April to August

The Egyptian Minister of Supply and Internal Trade, Dr. Ali Al-Moselhi, has announced the start of the season for supplying locally produced wheat for the 2024 season. This will take place from April 15 to August 15. The decision includes wheat purchase prices of 2,000 pounds for ardeb with a purity of 23.5 carats, 1,950 pounds for ardeb with a purity of 23 carats, and 1,900 pounds for ardeb with a purity of 22.5 carats. The wheat must be free from insect infestation, sand, and clay, with a purity of no less than 22.5 carats.

The locally produced wheat crop for the 2024 season will be marketed on behalf of the General Authority for Supply Commodities to various entities such as the Egyptian Holding Company for Silos and Storage, the General Company for Silos and Storage, milling companies affiliated with the Holding Company for Food Industries, and the Agricultural Bank of Egypt. These entities will be responsible for receiving wheat that meet specified conditions and approved by the Ministry of Supply and Internal Trade.

The costs for marketing, storage, weighing, loading, aging, emptying, and sorting per ton supplied will be set at 175 pounds for barns, hangars, and warehouses, and 210 pounds for silos, including value-added tax. Committees will be formed at wheat receiving and storage sites to oversee the process.

The decision also prohibits the transport of wheat produced without a permit and the use of local wheat by owners of private sector mills producing free-range flour without permission during the marketing season. Farmers who supply wheat must be paid within 48 hours of receipt. Violations of the decision will result in penalties as stipulated by the law, with seized quantities being delivered to storage sites and violating facilities being closed administratively.

Overall, the decision aims to regulate the supply and marketing of locally produced wheat to ensure fair practices and quality standards are maintained throughout the season.

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