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Egypt winds down wheat collection as purchases fall short of target, documents show

Summary by SABC News
Egypt has begun shutting down some local wheat collection centres ahead of schedule, signalling that the harvest is nearing its end with purchases falling short of the government's target, according to a supply ministry document seen by Reuters. The shortfall comes as Egypt, often the world's largest wheat importer, seeks to secure affordable supplies for a vast subsidised bread programme that feeds nearly 70 million people, amid high inflation and ongoing economic strains.

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Market Screener broke the news in on Sunday, June 29, 2025.
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