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In MY2017/18, total raw sugar production is forecast to increase seven percent or 150,000 MT to reach 2.42 MMT. FAS Cairo attributes this increase to an expansion of total area harvested....
Soybean imports are expected to reach 3.1 million metric tons (MMT), reflecting additional crush capacity to increase domestic soybean meal and oil production.
In MY2017/18, cotton area is forecast to double to 110,000 ha and production is set to almost double and reach 340,000 bales.
In late December 2015, the Egyptian Central Bank issued the first of a number of policy statements reflecting changes that restrict the transfer of funds abroad to pay for imported goods.
News on developments in agriculture and food in Egypt.
Post is revising Egypt’s MY2016/17 cotton PSD as the latest field surveys indicate a dramatic plunge in planted area of 50 percent to 50,000 ha from MY2015/16...