Latest in Tag: wheat Highlight
Latest in Tag: wheat

Egypt imports 60,000 tons of wheat from Ukraine
The wheat supplies will be imported starting on 20 June over a period of 10 days.

Government considers raising price of wheat to encourage farmers to step up production
Price increase would aim to encourage local farms selling more wheat to the state in order to make Egypt, the world’s largest wheat importer, less relient on imports

Mehleb’s Africa trip steps up trade exchange and investment opportunities
Prime minister’s visit to African countries results in agreements on gas and wheat imports, and investment contracts for the Arab Contractors Company and Egypt Air
Egypt estimates local wheat crop at 9 million tonnes
Reuters – Egypt estimates its local wheat crop at 9 million tonnes, according to a state newspaper that cited a government report, lower than the 9.5 million tonnes the Agriculture Minister had predicted. Traders surveyed in a Reuters poll estimated this year’s crop at around 7 million tonnes, in line with the previous harvest. The …

Egypt imports 230,000 tons of wheat from Russia, Ukraine and Romania
Minister of Supply says current wheat supply is sufficient until mid-June

Russian industrial zone to be established in Egypt
Russian and Egyptian governments to start negotiations on the establishment of a free trade zone between Egypt and the countries of the Customs Union

Egypt planning negotiations with Russia-led Customs Union over free trade zone
Egyptian party discusses signing long-term contracts regarding supply of Russian wheat to Egypt

175,000 tons of wheat purchased, to be supplied in April
Average price per ton was $312, bringing total cost for imported wheat to $54.6m

‘Let them eat cake’, part 2
When Gouda Abdel Khalek was Minister of Supply in March of 2012 he made a very “novel” suggestion— not the good kind of novel. At the time, Egypt’s food subsidy programme supplies were woefully insufficient to feed the millions of Egyptians benefitting (in theory) from the assistance. With some governorates having no rice for distribution …

Egypt imports 295,000 tons of wheat with a price tag of $86.28m
Wheat stocks sufficient until 2 June; 60,000 tons imported from Romania, 235,000 tons from Russia

Wheat stocks sufficient until March: Minister
2.3 million tonnes of wheat were purchased, Abu Shady states

Euromoney: Ministry of Supply to procure up to 200,000 tonnes of wheat
Abu Shadi: We are determined to win the war on vendors’ inflated prices
The ministry will create the competition that forces vendors to sell for less
The ministry plans to complete 100 silos this fiscal year
Egypt awarded 7 silos, will issue tenders for 8 this month, and 10 next month
Rice exports are halted until sufficient amounts are secured for domestic consumption

Egypt purchases 180,000 tons of Wheat
180,000 tons of Russian and Romanian wheat purchased to produce subsidised bread

Around 5.5m tonnes of wheat to be imported in October
On 30 August, the GASC stated on its official website that its Vice President Mamdouh Abdel Fattah is seeking wheat cargoes from the US, Canada, Australia, France, Germany, Russia, Romania and Ukraine.

Wheat imported to cover domestic needs
120,000 tons of Romanian and Ukrainian wheat purchased

Food industry officials deny food security concerns
A supply ministry report submitted by Ouda forecasted that in 2013 Egypt would import around 9.4m tonnes of wheat, 7.3m tonnes of coarse grains, and 6.8m tonnes of rice, making the total imports for these products 23.4m tonnes: a 1.3% increase from 2012.

New supply minister resumes wheat imports
The Egyptian government has so far imported 300,000 tonnes of wheat from Ukraine, Romania and Russia.

Conflicting Reports regarding Egypt’s wheat supply
Former members of Morsi’s government claim the country will need to import wheat in 2 months, yet many officials claim the reserves can last 5 months

Achievements: One Year in Power
A year of achievements in the balance

Morsi’s government makes progress with bread supplies, winning ground
Morsi’s presidential campaign included 13 pledges, in which stated that the productivity and nutritional value of flour would increase, which would standardise the weight and quality of the loaves

Reducing risks: Wheat supply in Egypt
Wheat supply matters for Egypt’s food security. Production is high but demand is higher. Self-sufficiency in wheat is not a realistic goal given limits in water and land, as well as dismal agricultural investment levels. So, imports are high. Risks from both domestic and international wheat markets coupled with reduced purchasing power from the current …

“Show me the Money…”
The longing for freedom, justice and access to the wealth usurped by its rulers was a major driver behind the popular uprising that toppled former president Mubarak in early 2011. The Guardian’s famed “$70 billion” estimate of Mubarak’s family wealth, as provided by Princeton professor Amaney Jamal, did much to arouse the sensation of a …
Op-ed Review: History repeats itself and wheat
One columnist recalls an incident in Egyptian history that resembles what happened and is still happening now. The other one is exploring the wheat issue and how Egypt can attain self-sufficiency. In the presence of Al-Gabarty Belal Fadl Al-Shorouk Newspaper “History teaches us that the poor have always been the strongest weapon, to which the …

Morsi: No more wheat imports within four years
Morsi pointed that the primary goal is to stop importing wheat in four years.
Review: The media, Qatar and businessmen
One columnist addresses what he sees as flaws in the media, and another addresses current economic issues, including reconciliation with businessmen such as Sawiris and Ezz, and the issue of receiving money from Qatar. Four Subjects Dr Ahmed Khaled Tawfik Al-Tahrir newspaper Author Dr Ahmed Khaled Tawfik addressed the state of the media in his …

Wheat shipments arrive at Alexandria
Liners from US, Brazil, Australia, Romania and Ukraine arrive in port city carrying 227,000 tonnes of wheat

79,285 tonnes of local wheat distributed in 2013
Supplies enough to last until end of June, says minister of supply and domestic trade

Presidency says Qandil remains in position, denies Russian loan request
Minister of Industry denies that Egypt requested a $2bn loan from Russia

Supply Ministry expects 4.5 million tonnes of domestic wheat
Ministry of Finance allocates EGP 11bn to purchase wheat from Egyptian farmers

Russia snubs Morsi’s $2bn loan request
Russian President Vladimir Putin also turns down appeal from Morsi for wheat supplies