The agreed
reference prices are as follows: 2200 Egyptian pounds per faneg for quality
23.5 wheat, 2150 Egyptian pounds per faneg for quality 23 wheat, and 2100
Egyptian pounds per faneg for quality 22 wheat.
Government sets wheat purchase price to EGP 2200
During its meeting today, Wednesday, chaired by Dr. Moustafa Madbouly, the Cabinet approved a proposal submitted by the Minister of Agriculture. This proposal outlined an agreement between the Ministries of Agriculture, Finance, and Supply to establish a reference price for wheat cultivation during the 2024-2025 season.