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First and foremost, it’s worth noting that the citrus export season from Egypt is coming to an end. As stocks decline, prices traditionally rise.

According to Farouk, wheat reserves—factoring in current contracts—are sufficient for 3.4 months.

Government sources said that the Egyptian Tax Authority is continuing to study and examine the B.Laban Company’s tax file.

Wheat has been reported to be less profitable as compared to crops such as beet. The area of this crop increased from 500,000 feddans up 700,000.

Egypt has recently witnessed a surge in agricultural initiatives aimed at achieving self-sufficiency in various crops.

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