{"id":32027,"date":"2022-06-27T11:56:04","date_gmt":"2022-06-27T11:56:04","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=32027"},"modified":"2022-06-27T11:57:52","modified_gmt":"2022-06-27T11:57:52","slug":"egypt-to-buy-180000-tonnes-of-indian-wheat-supply-minister-says","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/27\/egypt-to-buy-180000-tonnes-of-indian-wheat-supply-minister-says\/","title":{"rendered":"Egypt to buy 180,000 tonnes of Indian wheat, supply minister says"},"content":{"rendered":"<p>Egypt has contracted to buy 180,000 tonnes of wheat from India, less than previously agreed, but is looking at ways to extract more flour from grain and even use potatoes in bread making as it tries to trim imports, the supply minister said.<\/p>\n<p>Egypt, one of the world\u2019s biggest wheat importers, has in recent years purchased much of its grain from the Black Sea, but saw those imports disrupted by <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/02\/25\/manchester-united-cut-ties-with-aeroflot-after-russias-invasion-of-ukraine\/\">Russia\u2019s invasion of Ukraine.<\/a><\/p>\n<p>The conflict has also further raised wheat import costs. Egypt relies mainly on imported wheat to make heavily subsidised bread available to more than 70 million of its 103 million population.<\/p>\n<p>As Egypt sought to diversify import origins, Supply Minister Aly Moselhy said in May that it had agreed to buy 500,000 tonnes of wheat from India.<\/p>\n<p>India banned wheat exports the same month, but made allowances for countries like Egypt with food security needs.<\/p>\n<p>\u201cBased on what the supplier said, the condition was that the wheat has to be at the ports, then it would be available,\u201d Moselhy told a news conference on Sunday.<\/p>\n<p>\u201cWe had agreed on 500,000 tonnes. It turns out the supplier has 180,000 tonnes in the port,\u201d he added.<\/p>\n<p>The minister said Egypt was also in talks with <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/21\/german-prosecutors-seize-flats-in-munich-linked-to-russian-lawmaker\/\">Russian<\/a> suppliers for a wheat purchase agreement and that it was also looking at ways to obtain more flour from grain, raising the extraction percentage for flour used for subsidised bread to 87.5 per cent from 82 per cent.<\/p>\n<p>That could save around 500,000 tonnes of imported wheat, importing 5-5.5 million tonnes of wheat for the 2022\/23 fiscal year, he added.<\/p>\n<p>Another idea being tested was supplementing wheat flour with potatoes.<\/p>\n<p>\u201cWe are looking at the <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/06\/ondo-kiling-use-technology-to-fight-insecurity-ecwa-president-advises-fg\/\">technology<\/a> now,\u201d Moselhy said.<\/p>\n<p>Current wheat reserves are sufficient for nearly six months after procurement of 3.9 million tonnes in the local harvest, according to Moselhy.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt has contracted to buy 180,000 tonnes of wheat from India, less than previously agreed, but is looking at ways to extract more flour from grain and even use potatoes in bread making as it tries to trim imports, the supply minister said. Egypt, one of the world\u2019s biggest wheat importers, has in recent years [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":32040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[7],"tags":[4998,5748,6183,4638],"class_list":["post-32027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-agreement","tag-condition","tag-imports","tag-procurement"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt to buy 180,000 tonnes of Indian wheat, supply minister says &#187; BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/27\/egypt-to-buy-180000-tonnes-of-indian-wheat-supply-minister-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to buy 180,000 tonnes of Indian wheat, supply minister says\" \/>\n<meta property=\"og:description\" content=\"Egypt has contracted to buy 180,000 tonnes of wheat from India, less than previously agreed, but is looking at ways to extract more flour from grain and even use potatoes in bread making as it tries to trim imports, the supply minister said. 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