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Thursday, 17 November 2016

Agriculture Ministry approves increasing cost of harvest purchased from farmers

The Agriculture Ministry has approved increasing the price of corn and wheat purchased from Egyptian farmers, head of the Central Agricultural Cooperative Union Mamdouh Hamada told Al Mal. The ministry will purchase an ardeb of wheat from farmers for EGP 550 instead of EGP 450, and a tonne of corn for EGP 3,000 instead of EGP 2,500, he added. The ministry refused to increase the price of sugarcane, however, citing an already implemented 25% increase from EGP 400 to EGP 500, added Hamada.

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