February 19, 2024

Egypt to boost corn, soybean production

Egypt's Prime Minister, Mostafa Madbouly, convened a meeting with key officials, including Elsayed ElKosayer, the country's Minister of Agriculture and Land Reclamation, to address the country's fodder availability through increased corn and soybean production, and strategize the creation of a stockpile for times of crisis, Daily News Egypt reported.

During the meeting, Prime Minister Madbouly underscored efforts to utilise agricultural waste and residues in the feed industry, aiming to alleviate the shortage of feed for poultry, livestock, and fish.

He emphasised the importance of establishing a strategic feed stockpile and repurposing existing silos as fodder warehouses, aligning with President Abdel Fattah Al-Sisi's directives.

Minister ElKosayer highlighted that the annual consumption of concentrated feed reached approximately 24 million tonnes, with corn being a primary component, accounting for 12 million tonnes annually, of which 7 to 8 million tonnes were available. He reassured that the Ministry of Supply and the Agricultural Bank of Egypt possessed sufficient storage capacities to execute the proposed plan.

Mohamed Al-Homsani, the official spokesperson for the Cabinet, provided insights into the cultivation of corn and soybeans by the National Service Projects Agency and the Egypt Future Agency. He said there is a growing trend in expanding cultivated areas for these crops to bridge the gap and meet the demand for feed.

-      Daily News Egypt