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Tuesday, 31 January 2017

Wheat harvest collection regulations out today

Regulations governing the collection of this season’s wheat harvest will be announced today by the ministries of agriculture and supply, said Agriculture Ministry spokesperson Hamed Abdel Dayem. These regulations were drawn up with an eye to mitigating the problems that led to last year’s wheat corruption scandal. The announcement will cover the transportation, storage facilities, and payment to farmers, Al Mal reports. It will also cover intermediaries who will be allowed to purchase the wheat from farmers. These are expected to include farmer cooperatives, said Abdel Dayem. Supply Minister Mohamed Ali El Sheikh had stated previously that the private sector would take part in storing the grain in shounas including those developed by Blumberg Grain and at least some of the UAE shounas. After much dispute, the two ministries had settled on a price of EGP 450 per ardib.

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