Egypt has proposed importing products through state-owned companies

All grain in Egypt should be imported through the government’s Commodities Supply Authority, suggested Abdel Aziz Al-Sayed, head of the poultry division of the Cairo Chamber of Commerce, All About Feed online publication reported on April 10.

Al-Sayed said that Egypt imports 80% of the corn and 95% of the soybeans it consumes. Animal feed prices have risen significantly in recent years. To put the brakes on feed prices, exports have proposed incentivizing land reclamation and recycling waste into feed.

Egypt’s feed imports have been affected by the economic turmoil of recent years. Wheat shipments have been blocked at Egyptian ports due to a lack of currency to pay for them.

The denationalization will allow the government to “control the rhythm of the market,” ensuring stability in the supply of raw materials, Al-Sayed said.

Al-Sayed pointed out that Egypt produces 80 to 100 million tons of agricultural waste per year, which can be processed into feed. according to him, properly processed waste will reduce costs in the poultry industry, and will ultimately benefit everyone “from the state to ordinary citizens.”

Salah Abdel Sattar Haggag, a member of the fish wealth committee, suggested redoubling efforts to develop abandoned agricultural land and increase grain production through this.

Hussein Abu Saddam, head of the Farmers’ Syndicate, reported that farmers are trying to use rice, maize and tomato waste to feed farm animals with mixed success. Saddam suggested increasing irrigated areas, but warned that tangible progress in this area is hampered by worsening water shortages.

Tags: Egypt, corn, grain, wheat, imports