Elsayed Elkosayer, Minister of Agriculture and Land Reclamation, has said that 160,000 tonnes of fodder supplies worth $82m were released from Egyptian ports from 9 to 15 June.
He said, in a statement on Monday, that the released goods included 118,000 tonnes of corn at a value of $42m, 42,000 tonnes of soybeans at a value of $31m, and feed additives at a value of $9m, pointing out that the total that was released from 16 October 2022 to 15 June amounted to 5.8 million tonnes, including 4.3 million tonnes of corn, 1.5 million tonnes of soybeans and feed additives, with a total value of $2.8bn.
He pointed out that the release aims to provide quantities in the markets of corn and soy, which are the basic ingredients for poultry feed as well as farm animals, stressing that there is continuous follow-up and full coordination with the Central Bank and with the support of the Prime Minister personally to release appropriate quantities of corn, soybeans, raw materials and feed additives from the ports to support the industry.
