Egypt: Grain and Feed Annual
Egypt is closely following the repercussions of the Russian-Ukrainian crisis. Certainly Egypt’s grains imports from both countries were affected. Accordingly, FAS Cairo forecasts Egypt’s wheat imports in MY 2022/23 (July – June) at 11 MMT, down by 8.3 percent from MY 2021/22 Post’s import estimate figure of 12 MMT. Importing and buying wheat from other markets remains a viable option for government and private purchases. Wheat production in MY 2022/23 is up by 8.9 percent from the previous marketing year. Egypt has sufficient wheat stocks for its bread subsidy program until the end of calendar year 2022. Corn and rice production in MY 2022/23 (Oct – Sept) are forecast to be similar to the previous marketing year. MY 2021/22 (Oct – Sept) Corn imports are expected to decline by 5.1 percent.