{"id":559656,"date":"2021-01-31T04:08:09","date_gmt":"2021-01-31T04:08:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/looking-to-the-west-for-wheat\/"},"modified":"2021-01-31T04:08:09","modified_gmt":"2021-01-31T04:08:09","slug":"looking-to-the-west-for-wheat","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/looking-to-the-west-for-wheat\/","title":{"rendered":"Looking to the west for wheat?"},"content":{"rendered":"

Could Egypt be turning to Canada and the US for more of its wheat?<\/strong> Russia\u2019s new wheat-export restrictions that come into effect mid-February will likely spark demand for Canadian and US grain, Bloomberg writes<\/a>. In a bid to cool domestic food inflation, the world\u2019s largest wheat shipper imposed strict export measures, rallying global prices to a six-year high. The export tax is expected to rise even further for four months starting March. Closer to home, Egypt had canceled a grain tender<\/a> two weeks ago, due to the high prices resulting from the new export restrictions. Analysts suspect countries to now look further west to the US and Canada for wheat imports, since the EU does not have sufficient supply.<\/p>\n","protected":false},"excerpt":{"rendered":"

Could Egypt be turning to Canada and the US for more of its wheat? Russia\u2019s new wheat-export restrictions that come into effect mid-February will likely spark demand for Canadian and US grain, Bloomberg writes. In a bid to cool domestic food inflation, the world\u2019s largest wheat shipper imposed strict export measures, rallying global prices to […]<\/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":[7305],"tags":[413,317,72,550,270,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559656","post","type-post","status-publish","format-standard","hentry","category-commodities","tag-canada","tag-commodities","tag-enterpriseam","tag-gasc","tag-russia","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"662d0ce4-e2c1-4e30-80d7-87c7eaee498c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559637],"teaser":"","voice_url":""},"yoast_head":"\nLooking to the west for wheat? - 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\/01\/31\/looking-to-the-west-for-wheat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Looking to the west for wheat?\" \/>\n<meta property=\"og:description\" content=\"Could Egypt be turning to Canada and the US for more of its wheat? Russia\u2019s new wheat-export restrictions that come into effect mid-February will likely spark demand for Canadian and US grain, Bloomberg writes. 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The firm offered to\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\/2\/62.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565069,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/","url_meta":{"origin":559656,"position":1},"title":"Russia\u2019s wheat export tax may not be permanent","author":"enterpriseam admin","date":"16 March 2021","format":false,"excerpt":"Egypt\u2019s top wheat supplier is open to relaxing grain export duties it recently introduced, but only when it first ensures it has secured supply for its local market, Russian news agency Interfax quoted the country\u2019s agriculture minister, Dmitry Patrushev, as saying. The Russian government may start to look at an\u2026","rel":"","context":"In "SPEED ROUND: COMMODITIES"","block_context":{"text":"SPEED ROUND: COMMODITIES","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559207,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/13\/russian-wheat-tax-prompts-egypt-to-cancel-tender\/","url_meta":{"origin":559656,"position":2},"title":"Russian wheat tax prompts Egypt to cancel tender","author":"enterpriseam admin","date":"13 January 2021","format":false,"excerpt":"State grain buyer GASC called off a wheat tender yesterday as top supplier Russia prepares to raise taxes on grain exports, Bloomberg reports. The tender attracted offers from only a handful of traders, the fewest since June, and at a high price, says the business information service.Russian officials are due\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\/1\/147.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546489,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/18\/india-to-ease-wheat-export-restrictions-slightly\/","url_meta":{"origin":559656,"position":3},"title":"India to ease wheat export restrictions (slightly)","author":"enterpriseam admin","date":"18 May 2022","format":false,"excerpt":"India softens wheat ban after sparking panic among traders: India will allow the export of wheat shipments that are waiting for customs clearance, easing restrictions announced last week that threaten to aggravate global food shortages, the government said in a statement yesterday. 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