Browse Data and Analysis

Export prices were virtually unchanged from the previous week. The Government will issue a new public tender for non-food grade rice for industrial use by the end of November.

Egypt’s food processing is a very dynamic sector, averaging a compound annual growth rate of 12 percent in the last 5 years.

Despite the weakening Thai baht, export prices increased 1 percent as G-to-G agreement with Indonesia has been signed and shipments are beginning immediately.

MY 2015/16 wheat imports are forecast at 11.5 million metric tons (MMT) in line with USDA’s official estimate.

News on developments in agriculture and food in Egypt.

Continued growth in Thailand livestock and poultry sectors is fueling larger-than-expected growth in soy protein demand.

Export prices declined around 1 percent due to quiet trading activities. Thai and Chinese Governments have finalized the delivery details of the 8th shipment under the 2014 G-to-G agreement.

Egypt’s government has backtracked on the policy of eliminating cotton subsidies to the sector and has allocated cash subsidies valued at LE 261.7 million to buy the MY2015/16 cotton crop.

Water restrictions for MY2015/16 off-season rice remain in place as current water supplies available for all uses are far below 2014.