You have commented 375 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Africa North
Fraudsters fleece Egypt using foreign wheat
2012-06-02
Traders and a government official admitted that despite efforts to check whether local farmers really grow the grain they sell, the problem of disguising imported wheat to profit from the payments will remain or worsen this year as the rewards grow.

"In reality it happens every year, this year it's happening even more because the spread is bigger (between cheap origins andEgypt's local wheat price)," a trader said. "It was Ukrainian, some Russian, some Argentine, but mainly Ukrainian this year."

Evidence of the problem comes from the fact that purchases of local grain remain brisk even though a shortage of diesel for farm machinery since the start of the year should, in theory, be holding back local output.
Sucks to live in a dictatorship. Especially a dictatorship that's incompetent, broke and besotted with religion.
Posted by:tipper

#4  comments); ?>werwer
Posted by: bigjim-CA   2012-06-02 18:46  

#3  comments); ?>werwer
Posted by: USN,Ret   2012-06-02 17:25  

#2  comments); ?>werwer
Posted by: gromky   2012-06-02 15:34  

#1  comments); ?>werwer
Posted by: trailing wife   2012-06-02 14:02  

00:00