date:May 13, 2014
starting in July 2014, which will be a daunting task that would require a few years to be accomplished. MoSIT hopes that the new program will reduce its consumption requirement for wheat imports by 1-1.5MMT. However, Egypts annual population growth rate of 2.2 per cent will continue to put pressure on its overall demand for wheat making any significant reduction in imports unlikely in the near future.
Post forecasts Egypts corn production to reach 5.75 MMT in MY 2014/15, less than MY 2013/14 e