Egypt’s Wheat Harvest May Be 9.48 Million Tons, Mena Says

Egypt’s wheat harvest may be 9.48 million metric tons this season, the Middle East News Agency reported, citing Egyptian Agriculture Minister Abdel Momen.

Total area planted with wheat was 3.46 million feddans, the state-run agency Mena said. Egypt needs at least 9 million tons of wheat a year for subsidized bread, which sells for 5 piasters each, Abdel Monem said. There are 100 piasters in one Egyptian pound (15 U.S. cents).

To contact the reporter on this story: Ola Galal in Cairo at ogalal@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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