The Grain Chamber praises the government’s decision to increase the price of local wheat ardab to 2,200 pounds for the next season

Abdel Ghaffar Al Salamouni, Vice President of the Grain Industry Chamber of the Federation of Egyptian Industries, praised the approval of the Council of Ministers, headed by Prime Minister Dr. Mostafa Madbouly, to set an indicative price for wheat cultivation for the 2024/2025 season to be 2,200 pounds for ardab, quality 23.5 karats, pointing out that the price of local wheat has become Currently It is higher than imported wheat by about 2,966 pounds per ton, as the price of a ton of local wheat after the government’s decision reached 14,666 pounds per ton, while Imported wheat is 11,700 pounds per ton, stressing that this decision contributes to encouraging farmers to expand wheat cultivation and thus will increase the supply rates of local wheat in the next season for the benefit of the Ministry of Supply and Internal Trade for use in the production of subsidized bread, which enhances the country’s strategic stock of wheat in implementation of the directives of the political leadership

Abdul Ghaffar Al-Salamouni explained that the increase in the price of wheat Increasing wheat supply rates In the coming season for the benefit of the marketing agencies affiliated with the Ministry of Supply, in addition to the expansion of the Ministry of Supply led by Dr. Sherif Farouk, Minister of Supply and Internal Trade, in establishing modern silos to store wheat through the national silo project adopted by the state, which contributed to preserving wheat designated for the production of fortified bread and reducing wheat waste that occurred as a result of storage in open, dirt fields.

Abdul Ghaffar Al-Salamouni added that the vision of Dr. Sherif Farouk, Minister of Supply and Internal Trade, is both in developing the sectors and bodies affiliated with the Ministry and using modern technology to improve the services provided to the citizen, as well as developing consumer mall outlets, and working to provide rules Digital data for producers, manufacturers, and supply chains ensures the possibility of tracking and flowing quantities and prices of goods through supply chains to the consumer. The government, represented by the Ministry of Supply and Internal Trade, has succeeded throughout the past period in working to provide food commodities despite the global inflation crisis that most countries of the world have witnessed, in addition to ensuring A strategic stock of wheat allocated for the production of fortified bread, as the Ministry of Supply produces quantities of bread ranging from 250 million to 270 million loaves per day at a rate of 5 loaves For every citizen registered with a daily ration card, at a price of 20 piasters per loaf, and despite the high cost of production requirements, the Ministry of Supply bears the cost difference in implementation of the directives of the political leadership to reduce the burden on citizens, especially those with limited income and groups benefiting from the support of the supply system.

&nbsp ;