By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity
    September 22, 2023
    Egypt's Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
    Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
    September 21, 2023
    ABB allocates €13bn for green transformation by 2030
    ABB allocates €13bn for green transformation by 2030
    September 21, 2023
    DMZ Cairo Demo Day 2023 showcases Egypt's top tech startups
    DMZ Cairo Demo Day 2023 showcases Egypt’s top tech startups
    September 21, 2023
    Valu partners with Le Marche, Electrotech to offer payment solutions for furniture, electronics Expo
    Valu partners with Le Marche, Electrotech to offer payment solutions for furniture, electronics Expo
    September 21, 2023
  • Politics
    PoliticsShow More
    CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
    CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
    September 22, 2023
    Egyptian Health Minister highlights country's interest in local drug manufacturing
    Egyptian Health Minister highlights country’s interest in local drug manufacturing
    September 21, 2023
    Egypt leads meeting to urge global support for Sudan’s humanitarian crisis
    Egypt leads meeting to urge global support for Sudan’s humanitarian crisis
    September 20, 2023
    Egypt and EU co-chair GCTF meeting, reaffirm commitment to fighting terrorism
    Egypt and EU co-chair GCTF meeting, reaffirm commitment to fighting terrorism
    September 20, 2023
    Children dying in Sudan amid healthcare system collapse
    Children dying in Sudan amid healthcare system collapse
    September 20, 2023
  • Interviews
    InterviewsShow More
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    September 18, 2023
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    September 14, 2023
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    September 12, 2023
    India welcomes Egypt's BRICS membership: Boosting trade, investment, and access to strategic commodities
    India welcomes Egypt’s BRICS membership: Boosting trade, investment, and access to strategic commodities
    September 11, 2023
    The box office is not a measure of success: Basma Hassan
    The box office is not a measure of success: Basma
    September 6, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Parliament meeting to discuss lifting prices of sugarcane, wheat, postponed to December
Share
Notification
Latest News
CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
Politics
Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity
Real Estate
Egypt's Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Business
ABB allocates €13bn for green transformation by 2030
ABB allocates €13bn for green transformation by 2030
Business
DMZ Cairo Demo Day 2023 showcases Egypt's top tech startups
DMZ Cairo Demo Day 2023 showcases Egypt’s top tech startups
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Parliament > Parliament meeting to discuss lifting prices of sugarcane, wheat, postponed to December
Parliament

Parliament meeting to discuss lifting prices of sugarcane, wheat, postponed to December

Abdel Razek Al-Shuwekhi
Last updated: 2017/11/21 at 5:28 PM
By Abdel Razek Al-Shuwekhi 3 Min Read
Share
SHARE

The parliament’s Agriculture and Water Resources Committee has postponed its meeting with the ministers of agriculture and irrigation to the beginning of December. The meeting is set to discuss lifting prices of wheat, sugarcane and beet crops during the new season.

Head of the committee, Raef Tamraz, said that the postponement was coordinated with both ministers, noting that the meeting will discuss the prices of the three crops, next to discussing the fertiliser shortage.

Daily News Egypt had reported that the committee at the parliament demanded increasing the price of sugarcane to EGP 1,000 per tonne, beet to EGP 700 per tonne, and wheat to EGP 750 per tonne.

A senior government official said the government was already moving to raise the prices of the three crops to EGP 750 up from EGP 620 per tonne of sugarcane, adding that there are plans to study the possibility of raising the price of wheat in accordance with its global price, while beet prices are expected to reach EGP 700.

The area cultivated with ​​wheat during the last season reached 3.135 million feddans, down by 269,206 feddans from 3.404 million feddans in the previous season.

Sharqeya governorate has the largest areas of cultivated wheat, at 378,492 feddans, followed by Beheira with 331,714, Minya with 263,206, Daqahleya with 233,826, Kafr El Sheikh with 220,952, Fayoum with 188,819, Assiut with 227,979, Sohag with 197,597, and finally the New Valley with 173,771, according to the Ministry of Agriculture.

World wheat prices have increased slightly during November, with the price of a tonne going from $154.65 in October to $156.42 in November. These prices, however, are 19.1% lower than the price for the same period of last year.

The committee attributes its call to increase the prices of the three crops to the rise in production cost by over 50% since the liberalisation of the pound in November 2016.

Tamraz said there are many problems facing the agricultural sector, including a chronic problem related to the lack of fertilisers, especially during the winter season as the need for fertilisers increases, particularly for the cultivation of wheat and beet.

He noted that the agriculture sector needs all efforts by the country’s different executive bodies to increase its growth rate and participation in the GDP.

He pointed out that the agriculture sector’s contribution to GDP is dropping due to the lack of attention and the absence of funding.

You Might Also Like

Parliament abolishes old laws on 3 banks, subjects them to new banking law

5k tonnes of sugar offered in first trading session on Egyptian Commodities Exchange 

Egypt to offer sugar for trading on Commodities Exchange for first time on Thursday 

Ancient grain unlocks genetic secrets for making wheat bread more resilient

Israelis rally, strike as parliament passes contentious judicial overhaul bill

TAGGED: parliament, sugar, wheat
Share this Article
Facebook Twitter Email Print
Previous Article Housing, Industry ministries ask parliament for week respite to study new tenders and auctions law
Next Article Parliament’s Planning Committee forms subcommittee to follow up 2030 strategy implementation
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
Politics
Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity
Real Estate
Egypt's Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Business
ABB allocates €13bn for green transformation by 2030
ABB allocates €13bn for green transformation by 2030
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?