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103902

Economic analysis of the impact of exchange rate changes on the production costs of wheat crop in Egypt

Article

Last updated: 04 Jan 2025

Subjects

-

Tags

Agricultural Economics, Rural Sociology and Agricultural Extension

Abstract

The decline in the exchange rate of the Egyptian pound and the decline in domestic production of wheat crop and its inadequacy for domestic consumption of wheat, and as the population widens the food gap of wheat and increases its cost. The study was based on descriptive and quantitative analysis methods to analyze the data on the subject of the study through the use of certain mathematical and statistical methods, The increase in costs was shown at an annual rate of increase influenced by changes in the exchange rate of the Egyptian pound estimated at 584.5 pounds per acre, at an annual rate of change of about 18.98% of the average, while the moral its of its impact on the total costs did not prove to be fixed prices because the stabilization of prices disappeared the impact of exchange rate changes. Recommendations suggested by farmers were as follows:
1. The need to provide production supplies at appropriate prices to encourage farmers and reduce dependence on abroad to provide foreign currency.
2. Search for alternatives to production supplies and encourage the industry of the national imported alternative.

DOI

10.21608/aasj.2020.24192.1018

Keywords

exchange rate, total costs, Farm prices

Authors

First Name

B.

Last Name

Osman

MiddleName

H. M.

Affiliation

Agricultural Economics Department, Faculty of Agriculture, Al-Azhar University, Assuit, Egypt

Email

balegh2020@azhar.edu.eg

City

-

Orcid

0000-0002-4053-1418

First Name

O.

Last Name

Ismail

MiddleName

-

Affiliation

Agricultural Economics Department, Faculty of Agriculture, Al-Azhar University, Assuit, Egypt

Email

-

City

-

Orcid

-

First Name

A.

Last Name

Ahmed

MiddleName

-

Affiliation

Agricultural Economics Department, Faculty of Agriculture, Al-Azhar University, Assuit, Egypt

Email

-

City

-

Orcid

-

Volume

3

Article Issue

1

Related Issue

16929

Issue Date

2020-04-01

Receive Date

2020-02-17

Publish Date

2020-04-01

Page Start

81

Page End

91

Print ISSN

2535-1680

Online ISSN

2535-1699

Link

https://aasj.journals.ekb.eg/article_103902.html

Detail API

https://aasj.journals.ekb.eg/service?article_code=103902

Order

7

Type

Research article

Type Code

764

Publication Type

Journal

Publication Title

Archives of Agriculture Sciences Journal

Publication Link

https://aasj.journals.ekb.eg/

MainTitle

Economic analysis of the impact of exchange rate changes on the production costs of wheat crop in Egypt

Details

Type

Article

Created At

22 Jan 2023