The Egyptian government plans to increase local wheat purchases by 11% to reach 4 million tons in the upcoming harvest season, which starts in mid-April.

Egypt is aiming to bring strategic wheat reserves to six months through contracting for large quantities in the near future.

Egypt's wheat imports jumped to their highest level in 10 years in 2024, reaching 14.2 million tons, compared to 10.8 million tons in 2023.

Egypt’s imports of wheat increased by 40% year-on-year (YoY) to 14 million tons during 2024

Egypt will cultivate 3.1 million feddans of wheat during the 2024-2025 season, a slight decrease from the 3.25 million feddans planted the previous season.

The first shipment of Egypt’s 430,000-metric-ton purchase of Russian wheat started loading on Saturday, December 6th.

Egypt's wheat imports have increased by 17% in the first nine months of 2024, reaching a total of $3.36 billion, compared to $2.86 billion during the same period last year.

Egypt’s wheat reserves are sufficient for 4.6 months, while reserves of cooking oil and sugar are adequate for seven and 14 months, respectively.

Egypt's strategic reserve of wheat is currently sufficient for five months.

The General Authority for Supply Commodities (GASC) has announced a new international tender to procure an unspecified amount of wheat from all origins for the first time since August.

Egypt is set to receive 430,000 tons of Russian wheat by early November, Minister of Supply and Internal Trade Sherif Farouk said.

The Egyptian government has set the price ceiling for future wheat purchases at $240 per ton.

Egypt’s wheat imports rose 30% year on year (YoY) in the first nine months of 2024, reaching 10.8 million tons, compared to 8.3 million tons.

Egypt is planning to reduce wheat import and spend less by incorporating corn or sorghum into the ingredients of subsidized bread.

The General Authority for Supply Commodities (GASC) has secured one of its largest ever direct wheat deals, with shipments totaling 3.12 million tons, for delivery between November and April.

Egypt's cabinet approved a guide price for wheat cultivation for the 2024/2025 season.

Egypt’s wheat imports surged 40% year on year (YoY) in the first eight months of 2024, registering 10.1 million tons.

Egypt's strategic wheat reserves have reached a supply of 6.1 months, as announced by the Minister of Supply and Internal Trade Sherif Farouk.

Egypt's strategic wheat reserves are sufficient for up to 5.9 months.

Egypt is considering increasing its silo storage capacity by 76% to reach 6 million tons of grains, cereals, and strategic goods by 2030.