The Egyptian peanut season kicks off with rising demand and calm competition. A production drop sees the spotlight on quality, with Egyptian peanuts entering a strong-demand market.
The Information and Decision Support Center of the Egyptian Cabinet listed the gains the country stands to achieve through its accession to BRICS.
The cabinet media center contacted officials of the supply and agriculture ministries of who also denied the news.
The basic earnings per share (EPS) climbed by 100% year-on-year (YoY) to EGP 6.23 in the first six months (6M) of 2023 from EGP 3.12.
The Supply Ministry announced Monday that Egypt’s strategic reserves of sugar are enough until February 2024.
Middle Egypt Flour Mills is an EGX-listed company engaged in the manufacture, trade, import, export, packaging, warehousing, and distribution of grain
The report showed that soybean imports from October through February stood at 880,000 tonnes, down 62% compared to the same period in 2021-22.
The Ministry of Supply aims to offer 110,000 tons of yellow corn, imported from Romania, on the Egyptian Mercantile Exchange (EMX).
This is part of the government’s efforts to secure the release of production inputs and fodders from ports in cooperation with the CBE.
Corn imports in the first quarter of 2022-23 is the lowest since the 2008-09 marketing year, it said.
Last year, garlic production in Egypt reached a volume of 22,000 tons, making Egypt the first Arab producer of garlic.
Egypt will start shipping the early yellow onion varieties next week. The red and late yellow varieties will follow in April.
Growers in Egypt anticipate a rewarding citrus season, with prices expected to remain good despite rising volumes.
These released amount equaled 2.1 million tons of fodders, including 1.5 million tons of corn and 623 tons of soybeans, El-Quseir noted.
Traders said this was GASC's first-ever international tender for yellow corn.
The EU has issued 1,189 alerts for Turkish and Egyptian fruit and vegetable shipments during the 2020-2022 period for having banned materials.
Fayruz Nurseries' volumes increased from 1.5 million mother plants produced last year to 2 million this year and 5 million fresh and frozen plants.
As healthy organic food is expensive in Egypt, World Future Council demands a compensation for organic farmers to sell goods at market prices.
Kenya mainly sells tobacco, paper and paperboard, fruits and vegetable textile fibers to Egypt, with the value of imports growing 8.67%.
Egypt's sugar reserves are estimated at 1.4 million tons of sugar, which is sufficient for consumption for more than six months.