AreaEgypt

Commodity GroupGrains

CommodityWheat

Date01/02/2016

Policy CategoryConsumption and marketing

Policy InstrumentGovernment procurement

DescriptionAnnounced that wheat will be procured at a fixed price of EGP 2 800/tonne (USD 358) in 2016/17 (Apr/Mar), reversing previously announced plans to buy local supplies at an average global price, supplemented by a direct cash subsidy.