date:May 13, 2014
rts to approximately 5.5 MMT for its subsidized baladi bread program. Private sector imports are likely to remain at about 4.5 MMT.
The Ministry of Agriculture and Land Reclamation (MALR) announced its wheat procurement price for MY 2013/14 equivalent to $400/MT, significantly above current international prices. Farmers have responded by increased planting which may permit the government to reach their procurement target of 4.0 MMT due to a new marketing strategy developed by the MALR and new g