{"id":544522,"date":"2022-03-08T03:37:32","date_gmt":"2022-03-08T03:37:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/"},"modified":"2022-03-08T03:37:32","modified_gmt":"2022-03-08T03:37:32","slug":"unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/","title":{"rendered":"Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>The price of unsubsidized bread in the Greater Cairo area has risen by as much <\/strong><strong>as 50% in the course of a week<\/strong> as global wheat prices soar following Russia\u2019s invasion of Ukraine, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-03-07\/ukraine-war-spurs-some-bread-price-rises-in-top-wheat-importer\">Bloomberg<\/a> reports. A pack of five balady loaves can now cost EGP 7.50 in Cairo, up from EGP 5.00 last week, said Khaled Sabri, a member of the bakeries division at the Federation of Egyptian Chambers of Commerce.<\/p>\n<p><strong>Russia\u2019s war in Ukraine has sent global wheat prices spiraling<\/strong> as markets are deprived of supply from the Black Sea region, which accounts for around a quarter of the world\u2019s grain and the bulk of imports to Egypt. As of last week, Egypt was facing prices 37% higher than its forecast in the 2021-2022 budget, a shock that could increase the government\u2019s wheat spend by <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/90dbcce6-c13b-4758-8275-21fd871e7ef4\">up to EGP 15 bn<\/a> this fiscal year.<\/p>\n<p><strong>Bakeries are feeling the strain: <\/strong>Local bakers are \u201cgetting a ton of flour for EGP 12.3k versus EGP 9k a week ago, on top of the high price they pay for everything from electricity to fuel,\u201d head of the bakeries division at the Cairo Chamber of Commerce Attia Hamad told Ala Mas\u2019ouleety on Saturday (<a href=\"https:\/\/youtu.be\/IvTZwbHkQBY\">watch, runtime 10:15<\/a>).<\/p>\n<p><strong>Where the global price hikes matter most is in their impact on bread subsidies. <\/strong>The majority of our wheat \u2014 both local and imported \u2014 ends up as subsidized loaves, which are handed out to more than 60 mn Egyptians. The Madbouly government is now considering raising the price of subsidized loaves to cope with the costs and is expected to announce plans to taper its subsidy program at the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/217bd2c8-c468-4975-b723-ba0e372c9b2c\">end of March<\/a>. While the state will need to find a way to cope with the burden on its coffers, lifting subsidies would come with its own drawbacks \u2014 including a likely rise in inflation, Al Ahly Pharos\u2019 head of research Radwa El Swaify said earlier this week.<\/p>\n<p><strong>ANECDOTALLY- Prices of chicken and other staples <\/strong>also seem to be facing some upward pressure. The issue made headlines on last night\u2019s talk shows (below).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of unsubsidized bread in the Greater Cairo area has risen by as much as 50% in the course of a week as global wheat prices soar following Russia\u2019s invasion of Ukraine, Bloomberg reports. A pack of five balady loaves can now cost EGP 7.50 in Cairo, up from EGP 5.00 last week, said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":544523,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7305],"tags":[317,72,270,304,1303],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","tag-commodities","tag-enterpriseam","tag-russia","tag-ukraine","tag-wheat-prices","wpautop","entry"],"acf":{"mongo_id":"cd6bb322-4455-45ba-a0a8-1cb3976dbdbc","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/89.jpg","photo_position":"above","related_issue":[544514],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets\" \/>\n<meta property=\"og:description\" content=\"The price of unsubsidized bread in the Greater Cairo area has risen by as much as 50% in the course of a week as global wheat prices soar following Russia\u2019s invasion of Ukraine, Bloomberg reports. A pack of five balady loaves can now cost EGP 7.50 in Cairo, up from EGP 5.00 last week, said [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-08T03:37:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets\",\"datePublished\":\"2022-03-08T03:37:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/\"},\"wordCount\":355,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1\",\"keywords\":[\"commodities\",\"EnterpriseAM\",\"Russia\",\"Ukraine\",\"Wheat prices\"],\"articleSection\":[\"Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/\",\"name\":\"Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-03-08T03:37:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/","og_locale":"en_US","og_type":"article","og_title":"Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets","og_description":"The price of unsubsidized bread in the Greater Cairo area has risen by as much as 50% in the course of a week as global wheat prices soar following Russia\u2019s invasion of Ukraine, Bloomberg reports. A pack of five balady loaves can now cost EGP 7.50 in Cairo, up from EGP 5.00 last week, said [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-03-08T03:37:32+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets","datePublished":"2022-03-08T03:37:32+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/"},"wordCount":355,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1","keywords":["commodities","EnterpriseAM","Russia","Ukraine","Wheat prices"],"articleSection":["Commodities"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/","name":"Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1","datePublished":"2022-03-08T03:37:32+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/unsubsidized-bread-in-egypt-is-getting-pricier-as-russias-war-roils-the-wheat-markets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Unsubsidized bread in Egypt is getting pricier as Russia\u2019s war roils the wheat markets"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/89.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":544641,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/14\/govt-steps-in-to-lower-flour-prices-calls-for-metal-export-ban\/","url_meta":{"origin":544522,"position":0},"title":"Gov\u2019t steps in to lower flour prices + calls for metal export ban","author":"enterpriseam admin","date":"14 March 2022","format":false,"excerpt":"Rising food price inflation continued to dominate the airwaves last night, with most of the talking heads dedicating sizable portions of their shows to discussing bread prices and what the government is doing to tackle the problem. Bringing old prices back: In an effort to hold down bread prices, the\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544657,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/15\/govt-to-up-local-wheat-prices-and-cut-fertilizer-costs-and-appears-to-be-considering-price-caps-for-unsubsidized-bread\/","url_meta":{"origin":544522,"position":1},"title":"Gov\u2019t to up local wheat prices and cut fertilizer costs \u2014 and appears to be considering price caps for unsubsidized bread","author":"enterpriseam admin","date":"15 March 2022","format":false,"excerpt":"A raft of new wheat-related measures announced by the Madbouly government yesterday aim to bolster the country\u2019s food security in the wake of the Russia-Ukraine war.The Supply Ministry has once again hiked local wheat purchase targets: The government is now aiming to buy more than 6 mn tonnes of domestic\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/182.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544809,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/22\/govt-announces-price-caps-on-unsubsidized-bread\/","url_meta":{"origin":544522,"position":2},"title":"Gov\u2019t announces price caps on unsubsidized bread","author":"enterpriseam admin","date":"22 March 2022","format":false,"excerpt":"Price controls on unsubsidized bread are here: The Madbouly cabinet announced yesterday it is imposing price caps on unsubsidized baladi and fino bread for three months, according to a cabinet statement.The breakdown: The decision imposed new price brackets for bread loaves based on their weight, setting the price of baladi\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/295.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550099,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/gasc-will-let-private-mills-buy-its-wheat-to-help-ease-imports-squeeze\/","url_meta":{"origin":544522,"position":3},"title":"GASC will let private mills buy its wheat to help ease imports squeeze","author":"enterpriseam admin","date":"13 October 2022","format":false,"excerpt":"GASC to sell wheat to struggling private sector: State grain buyer GASC will on Saturday start selling wheat to mills producing 72% extraction wheat flour, which is used to make unsubsidized bread, pasta, and other foods. The move will last for one month and comes to prevent a rise in\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/218.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544688,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/16\/price-controls-for-unsubsidized-bread-are-happening\/","url_meta":{"origin":544522,"position":4},"title":"Price controls for unsubsidized bread are happening","author":"enterpriseam admin","date":"16 March 2022","format":false,"excerpt":"Gov\u2019t to fix price and specifications of unsubsidized baladi bread: President Abdel Fattah El Sisi ordered the government to set a fixed price for unsubsidized bread yesterday, in the latest move to hold down local prices amid surging global inflation, according to an Ittihadiya statement.Local bread prices have climbed rapidly\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/203.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544598,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/","url_meta":{"origin":544522,"position":5},"title":"Gov\u2019t imposes ban on some food exports to conserve local supply","author":"enterpriseam admin","date":"13 March 2022","format":false,"excerpt":"The Trade Ministry has banned the export of staple food commodities for three months as it looks to shore up supplies amid turmoil in the global food market caused by the conflict in Ukraine. Wheat, flour, oils and corn are all included in the export ban, along with lentils, pasta,\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544522"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544522\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544523"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544522"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544522"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}