Egypt may scrap local wheat premium to combat smugglers
date:Jun 27, 2014
s market prices while paying more subsidies for fertilisers and seeds as one idea.

This price difference at the end of the day is like a form of subsidy to the farmer, Nomani said.

There are a lot of ways in which we can support the wheat farmer other than give him higher prices for the wheat.

Egypt wants to buy more of its domestic crop in order to cut back on wheat imports that drain billions of dollars from state coffers, a strain the cash-strapped government can scarcely afford amid slugg
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