Egypt bought 2.6 mln T of local wheat in 2011

DNE
DNE
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CAIRO: Egypt bought 2.6 million tons of wheat from local producers in 2011 compared to 2.1 million tons a year earlier, Social Solidarity Minister Gouda Abdel Khaleq said on Tuesday.

"We procured 25 percent more wheat this year due to better price incentives," he said during a conference in Cairo. He did not give details on the incentives.

Egypt is the world’s biggest wheat importer.

 

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