02/02/11

Permalink Food Crisis in Egypt

In researching this, STRATFOR discovered that the Egyptian government has some 350,000 metric tons of storage capacity in port silos, 250,000 metric tons at inland silos, another 400,000 metric tons in open storage scattered around the country, and some 500,000 metric tons in various forms of private storage. Egypt is attempting to build out this storage and has so far constructed another 14 silo facilities with about 30,000 metric tons each. If we combine all of this capacity and assume they are all completely full, it only totals 1.9 mmt, or less than 40 days of demand.

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