AreaEgypt

Commodity GroupOilseeds, oils and meals

CommoditySoybeans

Date01/11/2019

Policy CategoryProduction

Policy InstrumentSector development measures

DescriptionReleased a plan aimed at an almost four-fold increase in the country’s area under soybean cultivation, with a view to reducing the country\'s dependence on vegetable oil imports.

NotesSector development measures – Egypt (soybean): Egypt’s Agriculture Ministry informed that it plans to raise the country’s 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 nation’s dependence on vegetable oil imports. According to ministry officials, insufficiently remunerative prices have prevented farmers from expanding soybean cultivation.