Egypt's strategic wheat reserves to last until end January

A farmer carries wheat before harvest on his farm in a village in the Nile Delta town of Behira, 300 kilometers (186 miles) north of Cairo, Egypt on May 14, 2015. (File Photo: AP).

Egypt's strategic wheat reserves will last until the end of January, the country's supplies minister said in a statement on Thursday.

Egypt's main state wheat buyer, the General Authority for Supply Commodities (GASC), bought 180,000 tons of Russian and Ukrainian wheat on Wednesday for shipment Aug. 11-20.

The world's largest importer of wheat boosted its strategic reserves after a record purchase of local wheat in the 2015 season of slightly over 5 million tons.

 

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Last Update: Wednesday, 20 May 2020 KSA 09:45 - GMT 06:45
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