The funds, which had been placed under the Department’s recurrent budget, were used to pay maize flour millers.
Of the total crop, about 3.5 million tonnes is expected to be durum wheat, used mainly in pasta production.
The company attributed the improvement to a sustained lift in consumer flour sales, where revenue grew 4.4%.
With global production forecasts remaining strong across several key exporters, international wheat values have softened, creating favorable conditions for major buyers such as Saudi Arabia.
The national program targets 1 million hectares of irrigated cereals by 2030