Egypt Purchases 3.42 Million Tons of Wheat From Local Farmers

Egypt, the world’s biggest wheat importer, bought 3.42 million metric tons of the grain from local farmers since the start of the harvest season.

The purchases were valued at 7.87 billion Egyptian pounds ($1.3 billion), Fathi Abdel al-Aziz, under-secretary at the Ministry of Supply and Internal Trade, said by phone today.

To contact the reporter on this story: Abdel Latif Wahba in Cairo at alatifwahba@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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