Egypt may scrap local wheat premium to combat smugglers
date:Jun 27, 2014
east 500,000 tonnes of foreign wheat disguised as domestic during this year's local purchasing season. This compares to estimates around 400,000 tonnes last season.

It is something that happens every year and in one year the amount even reached 800,000 tonnes. The government is aware it is happening, one government source, who declined to be named, told Reuters.

The government has steadily increased the fixed price it pays for local wheat in recent years. This year it raised it to 420 pounds (
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