Arab Finance: Egypt has released 308,000 tons of corn and soybean fodder worth $134 million from the country’s ports during the period from May 4^th to May 11^th this year, Minister of Agriculture and Land Reclamation Al-Sayed El-Quseir stated on May 15th.

This marks the largest amount of fodder released from ports since October 16^th, 2022.

The released amount comprised 251,000 tons of corn worth $90 million, 57,000 tons of soybeans worth $43 million, and $1.4 million worth of feed additives.

This brings the total amount of fodder released from October 16^th, 2022 to May 11^th, 2023 to 4.7 million tons, including 3.5 million tons of corn, and 1.2 million tons of soybeans and feed additives at a total value of $2.3 billion.

This is part of the government's efforts to secure the release of production inputs and fodder from ports in cooperation with the Central Bank of Egypt (CBE).

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