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Tuesday, 18 October 2016

Farmers will get more for their wheat next harvest collection season

In the eternal struggle between good and evil, the Agriculture Ministry has won: The committee drawing up regulations for the upcoming wheat harvest has gone with the Agriculture Ministry’s proposal to raise to increase the payout to farmers to EGP 450 per ardib from a current EGP 420, squashing the Supply Ministry’s plan to pay them at international market rates and a EGP 1,400 top-up per feddan. It gets better: The private sector has been squeezed out of storing wheat, said agriculture’s spokesperson. Private sector silos were largely blamed for the siphoning of wheat during this year’s season, culminating the in now infamous “wheat scandal” which toppled the former Supply Minister. The recommendations have been sent to both ministers for review, Al Borsa reports.

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