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Wednesday, 22 June 2016

What we’re tracking on 22 June 2016: Ergot issue may finally be resolved

Egypt will allow imports of wheat with ergot fungus levels as high as 0.05% (in line with international standards), Prime Minister Sherif Ismail said yesterday, possibly signalling an end to a months-long conflict over the issue, Reuters reports. Ismail is set to issue a decree today instructing the agricultural quarantine authority to accept the decision, he said following a meeting on Tuesday with ministers involved in the policy. “The decree … will trump the previous ministerial decree which had dictated a zero tolerance policy,” said Eid Hawash, spokesman for the Agriculture Ministry. The ministry also said Tuesday that it would announce the results of a study conducted earlier this year with the United Nations Food and Agriculture Organisation on the amount of ergot that would be allowed in imports. It stopped short of mentioning when an announcement would be made.

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