Government sets local wheat purchasing prices and procurement targets

The Supply Ministry announced the local wheat purchasing prices for this year ranging from EGP 655 per ardeb of purity 22.5 to EGP 685 per ardeb of purity 23.5, Supply Minister Ali El Moselhy said at a presser, according to Al Masry Al Youm The minister added that Egypt expects to procure 3.6 mn tonnes of wheat for the upcoming season starting in April, up from the 3.15 mn tonnes procured last year, reports Reuters.