Global Trade Alert
Global Trade Alert

Egypt: Government increases local procurement price of wheat to support farmers in 2023/2024 harvest season

Announcement

14 Mar 2024

In March 2024, according to several news reports, the Egyptian authorities increased the local procurement price for wheat by twenty-five percent for the 2023/2024 harvest season.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Apr 2024

Revocation date:

15 Jul 2024

Announced: 14 Mar 2024
Price stabilisation
On 14 March 2024, according to several news reports, the government of Egypt raised the reference wheat procurement price for wheat that it purchases from local farmers during the 2024 procurement per...
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