Area
Egypt
Commodity Group
Oilseeds, oils and meals
Commodity
Soybeans
Date
01/11/2019
Policy Category
Production
Policy Instrument
Sector development measures
Description
Released a plan aimed at an almost four-fold increase in the countrys area under soybean cultivation, with a view to reducing the country\'s dependence on vegetable oil imports.
Notes
Sector development measures Egypt (soybean): Egypts Agriculture Ministry informed that it plans to raise the countrys area under soybean cultivation from 37 000 feddans (15 500 ha) in 2018/19 to 80 000 feddans (33 600 ha) in 2019/20 and further to 150 000 feddans (63 000 ha) in 2030. The initiative is aimed at reducing the nations dependence on vegetable oil imports. According to ministry officials, insufficiently remunerative prices have prevented farmers from expanding soybean cultivation.