Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Egypt Government Raises Payments for Wheat for 2013 Season

Nov. 6 (Bloomberg) -- Egypt will pay 400 Egyptian pounds ($65.40) per ardab measuring unit, or about 2,640 pounds per ton, for wheat for the 2013 season starting May, the government said.

The price compares with 380 pounds a year earlier, Minister of Supplies and Domestic Trade Mohamed Abu Zaid said in an e-mailed statement today.

Abu Zaid last month said in an interview that the government planned to buy 4 million metric tons of wheat from local farmers in the coming season.

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.