Egypt released 172,000 tonnes of fodder raw materials from the ports, including corn and soybeans, at a value of $81m, last Wednesday and Thursday. Minister of Agriculture and Land Reclamation El-Sayed El-Kosayer revealed that this was done in coordination with the Central Bank of Egypt (CBE) and through the banking sector. Egyptian Prime Minister Moustafa Madbouly announced that goods worth about $300m were released during these two days. El-Kosayer explained that the release included 146,000 tonnes of corn at a value of $58.4m, 26,000 tonnes of soybeans at a value of $19.2m, and feed additives worth $3.4m. According to the Egyptian minister, the total released fodder raw materials, during the period from October 16 to December 22, 2022, amounted to about 1.427 million tonnes, at a value of $713m, including 971,000 tonnes of corn, and 456,000 tonnes of soybeans and feed additives.
