The Sudanese government plans to permit the importation of sorghum from Ukraine and Brazil. This decision aims to address the sharp rise in sorghum prices and alleviate the financial burdens on citizens. The gap between local and global prices continues to widen.
Economic reports indicate that a source from the Ministry of Foreign Trade confirmed the government’s intention to open the door for sorghum imports. This move responds to proposals aimed at taking advantage of lower prices in global markets compared to those in the Sudanese market.
The source explained that the price of a ton of sorghum in global markets ranges between 200 and 230 dollars. In contrast, the local market price reaches approximately 800 dollars per ton. This disparity reflects the pressures facing the local market due to limited supply and rising production costs.
The crisis holds particular significance due to sorghum’s connection to the food and livestock sectors. Sorghum serves as a primary component in poultry feed, while the majority of the population relies on it as a staple food.
The proposals include allowing both the public and private sectors to import sorghum, exempting shipments from customs duties and taxes. Additionally, the imported quantities will enter the market at reduced prices to help stabilize costs.
The suggested measures also encompass permitting the import of frozen poultry. This strategy aims to lessen the pressure on local demand for feed and reduce production costs.
Economic entities anticipate that these measures will lower sorghum prices by 30 to 40 percent. Furthermore, poultry prices may decrease by up to 35 percent, supporting citizens’ purchasing power and mitigating the impacts of the economic crisis.
To follow the news in Arabic
WhatsApp Tests New Privacy Settings for Android Users WhatsApp is currently testing new privacy settings…
Minister of Health Emphasizes the Importance of the Health Emergency Operations Center The Minister of…
Earthquake Strikes Central Japan, Injuring at Least 20 A magnitude 5.7 earthquake struck central Japan…
Paris Saint-Germain Takes Sole Lead in French Ligue 1 Paris Saint-Germain (PSG) secured the top…
Samsung Introduces "Adapt Sound" Feature for Enhanced Audio Quality Recent technology reports reveal that Samsung…
Governor Inspects Progress on Al-Husayn – Al-Shaib Road Project On Sunday, the Governor of Al-Dhale'e…