{"id":557683,"date":"2021-09-28T04:00:42","date_gmt":"2021-09-28T04:00:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/28\/russia-wheat-export-tariffs-could-put-egypt-in-a-grave-situation\/"},"modified":"2021-09-28T04:00:42","modified_gmt":"2021-09-28T04:00:42","slug":"russia-wheat-export-tariffs-could-put-egypt-in-a-grave-situation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/28\/russia-wheat-export-tariffs-could-put-egypt-in-a-grave-situation\/","title":{"rendered":"Russia wheat export tariffs could put Egypt in a \u201cgrave situation\u201d"},"content":{"rendered":"

High export tariffs on Russian wheat could put Egypt and other buyers in a \u201cgrave <\/strong>situation,\u201d <\/strong>the managing director of a Black Sea-region agricultural research firm writes for the Financial Times<\/a>. Introduced by the Russian government earlier this year, the tariffs, alongside heightened fertilizer prices, could see farmers lose 15-30% of their income, potentially having a devastating impact on the country\u2019s wheat industry as well as serious ramifications for its biggest buyers, such as Egypt. Russian grain accounts for nearly a quarter of global exports, and is Egypt\u2019s biggest source of wheat.<\/p>\n

The ongoing detention of Safwan and Seif Thabet<\/strong>, the top execs at EGX-listed Juhayna, is the subject of this Reuters report<\/a> that has been widely picked up by global media outlets.<\/p>\n

The UK is coming in for criticism over its refusal to accept the vaccination status <\/strong>of travellers from countries including Egypt<\/strong>. Writing for Bloomberg<\/a>, journalist John Bowker says the policy, which has been called discriminatory and racist, exemplifies the UK\u2019s \u201cpost-colonial approach\u201d and sends \u201call the wrong messages.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

High export tariffs on Russian wheat could put Egypt and other buyers in a \u201cgrave situation,\u201d the managing director of a Black Sea-region agricultural research firm writes for the Financial Times. Introduced by the Russian government earlier this year, the tariffs, alongside heightened fertilizer prices, could see farmers lose 15-30% of their income, potentially having […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7233],"tags":[107,72,270,112,113,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557683","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-covid-19","tag-enterpriseam","tag-russia","tag-uk","tag-vaccines","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"638e31d6-db6e-4d49-8cc0-312137e7c427","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[557668],"teaser":"","voice_url":""},"yoast_head":"\nRussia wheat export tariffs could put Egypt in a \u201cgrave situation\u201d - 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\/2021\/09\/28\/russia-wheat-export-tariffs-could-put-egypt-in-a-grave-situation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia wheat export tariffs could put Egypt in a \u201cgrave situation\u201d\" \/>\n<meta property=\"og:description\" content=\"High export tariffs on Russian wheat could put Egypt and other buyers in a \u201cgrave situation,\u201d the managing director of a Black Sea-region agricultural research firm writes for the Financial Times. 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While the Madbouly government has previously suggested it had no plans to start hedging wheat, El Moselhy is quoted as having said a decision\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/181.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553373,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/01\/egypt-may-have-just-made-its-biggest-ever-wheat-purchase\/","url_meta":{"origin":557683,"position":3},"title":"Egypt may have just made its biggest-ever wheat purchase","author":"enterpriseam admin","date":"1 December 2021","format":false,"excerpt":"Egypt buys the wheat dip: Egypt\u2019s state-owned grains buyer has taken advantage of a dip in wheat prices to purchase what sources tell Agricensus could be the country\u2019s largest-ever tender. GASC bought 600k tonnes of wheat on Monday, securing heavy discounts from traders as wheat futures fell, according to the\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/197.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555103,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/more-inflation-ahead-as-wheat-prices-continue-to-rise\/","url_meta":{"origin":557683,"position":4},"title":"More inflation ahead as wheat prices continue to rise","author":"enterpriseam admin","date":"2 November 2021","format":false,"excerpt":"Wheat prices rise again in fresh tender: Egypt has seen the price of Russian wheat rise another 1.5% in just a few days as its state grain buyer issued its second international tender in less than a week. The General Authority for Supply Commodities (GASC) yesterday purchased 180k tonnes of\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/284.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592427,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/egypt-buys-more-russian-wheat-as-moscow-mulls-mates-rates\/","url_meta":{"origin":557683,"position":5},"title":"Egypt buys more Russian wheat as Moscow mulls mates\u2019 rates","author":"enterpriseam admin","date":"6 August 2023","format":false,"excerpt":"Russia is wielding its grain powerhouse status as a political tool","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/210.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\/557683","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=557683"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557683\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/557668"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=557683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=557683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=557683"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=557683"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=557683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}