off-the-wire

Egypt wheat reserves sufficient for 5 months, says minister

Kitco Media
By Reuters
Published:
Updated:
Reuters
CAIRO,May 14 (Reuters) - Egypt’s strategic reserves of wheat are sufficient for 5 months of consumption, the supply minister said on Sunday.


Supply Minister Ali Moselhy said the government has bought 2 million tonnes of local wheat since the beginning of the harvest, with the volume expected to reach 4 million tonnes by the end of the season.


Strategic reserves of rice are sufficient for 3.1 months, sugar for 7 months and vegetable oils for 4 months, the minister added.
(Reporting by Omar Abdel-Razek Editing by David Goodman )

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