Wednesday, 17 April 2013

Egypt Agribusiness Report Q2 2013

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Egypt Agribusiness Report Q2 2013
Apr 17th 2013, 00:00

"BMI View: Egypt remains the world's largest wheat importer, and high global prices are feeding intodomestic prices, even if minimally. Even though imports needs have been slightly lower this year, we do notsee this as a pattern and believe the country's import needs will only get larger in the coming years. Wecontinue to see the lifting of the three-year-old ban on rice exports as providing a boost to the localindustry. The sugar and cotton industries are still under pressure because of falling global prices, but weexpect a recovery in the coming months as companies make some price adjustments. The livestock and dairyindustries are likely to recove...

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