# From EGP 420 to EGP 2,650 per Wheat Ardeb: Agriculture Ministry Reveals Changes in Crop Procurement Prices

> Egypt’s agriculture minister said the government’s wheat procurement price rose from EGP 420 per ardeb in 2014 to EGP 2,500 in 2026, and will be EGP 2,650 for the next season. He said the higher procurement prices are intended to encourage local production; reported wheat output rose from 8.7 million tonnes in 2014 to 11 million tonnes in 2026.

- Date: 2026-11-09 · published 2026-11-09T13:38:15.592Z
- Category: policy · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/89586-from-egp-420-to-egp-2-650-per-wheat-ardeb-agriculture-ministry-reveals-changes
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A higher guaranteed procurement price can support local wheat prices and encourage farmers to plant more, potentially increasing domestic supply in a later season and reducing import needs. The longer-term price effect depends on how much production responds to the incentive.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-02-20 | [India: Wheat stocks to drop to 16-year low, Centre asks states to prepare for early procurement](https://feedsoft.ai/events/31611-india-wheat-stocks-to-drop-to-16-year-low-centre-asks-states-to-prepare-for.md) | -3.5% | -4.2% |
| WHEAT | 2021-06-02 | [Barley and corn tax hike revives demand for wheat exports from Russia: Refinitiv Agriculture — Latifundist.com](https://feedsoft.ai/events/46435-barley-and-corn-tax-hike-revives-demand-for-wheat-exports-from-russia-refinitiv.md) | +1.2% | -2.4% |
| WHEAT | 2024-01-13 | [No proposal to lift export curbs on wheat, rice, sugar, says Piyush Goyal \| Agriculture - Business Standard](https://feedsoft.ai/events/32107-no-proposal-to-lift-export-curbs-on-wheat-rice-sugar-says-piyush-goyal.md) | +0.9% | -1.1% |
| WHEAT | 2020-07-03 | [India's Wheat Procurement at a Record High - Supply Chain Council of European Union \| Scceu.org](https://feedsoft.ai/events/52086-india-s-wheat-procurement-at-a-record-high-supply-chain-council-of-european.md) | -5.7% | -5.1% |
| WHEAT | 2025-11-14 | [Centre warms up to allowing wheat product exports with quantitative curb \| Agriculture - Business Standard](https://feedsoft.ai/events/21913-centre-warms-up-to-allowing-wheat-product-exports-with-quantitative-curb.md) | +1.4% | +1.0% |

## Sources

- youm7.com: https://www.youm7.com/story/2026/11/9/%D9%85%D9%86-420-%D8%A5%D9%84%D9%89-2650-%D8%AC%D9%86%D9%8A%D9%87%D8%A7-%D9%84%D8%A3%D8%B1%D8%AF%D8%A8-%D8%A7%D9%84%D9%82%D9%85%D8%AD-%C2%AB%D8%A7%D9%84%D8%B2%D8%B1%D8%A7%D8%B9%D8%A9%C2%BB-%D8%AA%D9%83%D8%B4%D9%81-%D8%AA%D8%B7%D9%88%D8%B1/7611300

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.