Egypt
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S&P Global: Egypt faces wheat supply pressure as black sea conflict escalates
The logistics bottlenecks threaten the grain flow of the world’s top wheat buyer, exposing the country’s bread subsidy program to surging import costs.
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UAE, Egypt activate five-year wheat supply agreement to secure grain buffer
The agreement is designed to provide Egypt with a reliable and sustained supply of imported wheat, a critical commodity for the country’s food-security system.
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Egypt procures 4.7M tons of wheat harvest
Egypt’s domestic wheat procurement rose nearly 20% from last year, but the government said it surpassed its target after adding durum wheat and seed stocks.
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North Africa wheat harvest rises as Egypt records highest output on record
Better harvests across the region could reduce import demand, although North Africa will still rely on overseas supplies to meet consumption.
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S&P Global: Egypt’s wheat imports set to slow as global prices hit five month low
Lower global wheat prices, stronger local production and rising private sector imports are expected to reduce Egypt’s wheat purchases in the coming marketing year.