AreaEgypt

Commodity GroupGrains

CommodityWheat

Date01/10/2011

Policy CategoryProduction

Policy InstrumentGovernment procurement from farmers and Minimum support price

DescriptionEGP 11 billion (USD 1.8 billion) allocated for the purchase of wheat from farmers in 2011 (national fiscal year). Minimum producer price increased by 8 percent, well above the international wheat price.