Egypt has banned the trading of imported wheat inside the country, Supply Minister Khaled Hanafi said on Wednesday, a move which could reduce smuggling of the grain that cost the country hundreds of millions of dollars last year.
Egypt will allow wheat imports with trace levels of the common ergot fungus, the country's agriculture minister said, while government agencies try to resolve a dispute that has disrupted shipments to the world's biggest wheat buyer.
Iran expects to buy 9 million tonnes of wheat from domestic farmers in the next harvest year beginning on March 20, Deputy Agriculture Minister Abdol-Mahdi Bakhshandeh was quoted as saying.
"Strategic wheat stocks are in very
Iran’s wheat production to exceed 10 million tonnes by March 20, 2017, according to a head of Iran's Government Trading Company (GTC).
“We will not have to import wheat next year and given the satisfactory rainfall
Egypt will start buying local wheat from farmers at the average global price starting next season changing the way it subsidises its wheat growers, the cabinet said in a statement on Thursday.
In previous years Egypt annually fixe
Iran, the second-largest consumer of wheat in the Middle East region, plans to export 400,000 metric tonnes of the grain after domestic supplies expanded enough to meet local demand.
Iran purchased 8.08 million tonnes of wheat fro
The Bahrain Flour Mills Company is planning to sue the agriculture and marine resources agency for refusing to grant it permission to export subsidised wheat bran. The agency has claimed that the export of subsidised goods is banned under a Ca
Iraq's local wheat harvest fell to 3.25 million tonnes in 2015 from 3.4 million last year as the country strives for self-sufficiency, the Iraqi Grain Board said in a statement on Wednesday.
“Local wheat production cover
Egypt has agreed to export Egyptian cotton to Ukraine in exchange for importing Ukrainian wheat, Egypt's state news agency Mena reported on Wednesday.
Agriculture Minister Salah Helal agreed the deal with his Ukrainian counter
Blumberg Grain, a leading US-based food security company, said it has joined hands with the Egyptian government to implement the Middle East and North Africa’s largest integrated food security network for grain storage.