{"id":565069,"date":"2021-03-16T13:41:05","date_gmt":"2021-03-16T13:41:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/"},"modified":"2021-03-16T13:41:05","modified_gmt":"2021-03-16T13:41:05","slug":"russias-wheat-export-tax-may-not-be-permanent","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/","title":{"rendered":"Russia\u2019s wheat export tax may not be permanent"},"content":{"rendered":"<p><strong>Egypt\u2019s top wheat supplier is open to relaxing grain export duties it recently introduced, <\/strong>but only when it first ensures it has secured supply for its local market, Russian news agency <a href=\"https:\/\/www.interfax.ru\/russia\/756142\">Interfax<\/a> quoted the country\u2019s agriculture minister, Dmitry Patrushev, as saying. The Russian government may start to look at an alternative approach to regulate the market once it makes sure it has enough wheat for the country and that high exports don\u2019t lead to a supply glut and domestic inflation, Patrushev said. Down the line, Russian authorities may stop interfering with grain markets at all, he added.<\/p>\n<p><strong>Egypt\u2019s state grain buyer dialed back Russian wheat purchases after the export tax<\/strong> <strong>was <\/strong><strong>introduced in February<\/strong>. Russian authorities had introduced the restrictions to attempt to slow down domestic inflation and protect local supplies as the pandemic took a tool on Russian household incomes. That prompted GASC to source wheat from the EU, including <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2ace3f13-366d-4599-8108-11cc8bc5abc9\">French<\/a>, <a href=\"https:\/\/www.dostor.org\/3387707\">Ukrainian<\/a> and <a href=\"https:\/\/www.reuters.com\/article\/instant-article\/idARAL8N2L95SS\">Romanian<\/a> varieties in recent tenders \u2014 and saw it cancel a tender <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3d48acd9-1dbc-4600-8e19-e075b2db98b5\">in January<\/a> until it got more clarity on the new tax.<\/p>\n<p><strong>How much is the Russian tax? <\/strong>Moscow imposed a levy of EUR 50 per tonne on wheat, EUR 25 per on corn and EUR 15 on barley, as well as a quota on the amount of wheat allowed to leave the country. The flat rate has been effective since 15 February. The system will switch to a floating tax regime on 2 June, with the tax being applied only on wheat sold for more than USD 200. Each USD 1 above the USD 200 mark will be subject to a 70% tax rate.The same goes for corn and barley over the USD 185 mark. This could hurt us considering Russian wheat constituted 80% of Egypt\u2019s wheat purchases <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f927d6e4-0d10-4d72-8de5-db92560e6c9b\">last season<\/a>, with 2.5 mn tonnes bought as of August.<\/p>\n<p><strong>Until the restrictions are eased, wheat trade from the world\u2019s largest producer could face <\/strong><strong>further disruptions, <\/strong>reports <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-15\/russian-wheat-trade-faces-disruption-from-inconvenient-taxes?sref=mmeFTDW1\">Bloomberg<\/a>. This is because once the system switches to a floating tax regime, shippers will only know how much they\u2019re going to be paying when a cargo sails. This limits a trader\u2019s ability to make advanced sales of the cargo<\/p>\n<p><strong>OTHER COMMODITIES NEWS- <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/profile\/company\/1397235D:LN?sref=mmeFTDW1\">Thani Stratex<\/a><\/strong><strong> could sell an 85% stake in the Hodine gold <\/strong><strong>exploration concession in Egypt<\/strong> to private investment company Red Sea Resources, AIM-listed <a href=\"https:\/\/orioleresources.com\/\">Oriole Resources<\/a> \u2014 Thani\u2019s parent company \u2014 said in <a href=\"https:\/\/www.londonstockexchange.com\/news-article\/ORR\/investment-update-on-thani-stratex-resources\/14900934\">a regulatory filing<\/a>. The non-binding heads of terms agreement could see Red Sea Resources acquire interest in Hodine for committing USD 2.2 mn to fund the exploration and paying other outstanding fees and charges. Thani subsidiary Thani Dubai acquired the Hodine concession in an international tender conducted by EMRA in 2006.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 alternative approach to regulate the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":565070,"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":[10102],"tags":[317,633,565,270],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round-commodities","tag-commodities","tag-enterprisepm","tag-food-security","tag-russia","wpautop","entry"],"acf":{"mongo_id":"7a168261-f439-45c4-bfae-c45396c0869f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/3\/486.jpg","photo_position":"above","related_issue":[565061],"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>Russia\u2019s wheat export tax may not be permanent - 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\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia\u2019s wheat export tax may not be permanent\" \/>\n<meta property=\"og:description\" content=\"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 alternative approach to regulate the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-16T13:41:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.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\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Russia\u2019s wheat export tax may not be permanent\",\"datePublished\":\"2021-03-16T13:41:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/\"},\"wordCount\":448,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.jpg?fit=%2C&ssl=1\",\"keywords\":[\"commodities\",\"EnterprisePM\",\"food security\",\"Russia\"],\"articleSection\":[\"SPEED ROUND: COMMODITIES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/\",\"name\":\"Russia\u2019s wheat export tax may not be permanent - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-03-16T13:41:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Russia\u2019s wheat export tax may not be permanent\"}]},{\"@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":"Russia\u2019s wheat export tax may not be permanent - 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\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/","og_locale":"en_US","og_type":"article","og_title":"Russia\u2019s wheat export tax may not be permanent","og_description":"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 alternative approach to regulate the [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-03-16T13:41:05+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.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\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Russia\u2019s wheat export tax may not be permanent","datePublished":"2021-03-16T13:41:05+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/"},"wordCount":448,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.jpg?fit=%2C&ssl=1","keywords":["commodities","EnterprisePM","food security","Russia"],"articleSection":["SPEED ROUND: COMMODITIES"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/","name":"Russia\u2019s wheat export tax may not be permanent - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.jpg?fit=%2C&ssl=1","datePublished":"2021-03-16T13:41:05+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/russias-wheat-export-tax-may-not-be-permanent\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Russia\u2019s wheat export tax may not be permanent"}]},{"@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\/2021\/3\/486.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/486.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\/2021\/3\/486.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":559207,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/13\/russian-wheat-tax-prompts-egypt-to-cancel-tender\/","url_meta":{"origin":565069,"position":0},"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 &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\/2021\/1\/147.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559764,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/03\/could-france-soon-replace-russia-as-our-prime-wheat-supplier\/","url_meta":{"origin":565069,"position":1},"title":"Could France soon replace Russia as our prime wheat supplier?","author":"enterpriseam admin","date":"3 February 2021","format":false,"excerpt":"French wheat could be filling the Russia-shaped hole in Egypt\u2019s import quota: Swiss commodities giant Glencore made the lowest offer in GASC\u2019s international wheat tender yesterday, the first since the state grain buyer canceleda tender in response to possible export restrictions on Russian wheat, Reuters reports. The firm offered to\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\/2021\/2\/62.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567982,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/14\/russia-our-biggest-wheat-supplier-is-mulling-a-grain-tax\/","url_meta":{"origin":565069,"position":2},"title":"Russia, our biggest wheat supplier, is mulling a grain tax","author":"enterpriseam admin","date":"14 December 2020","format":false,"excerpt":"Egypt\u2019s largest wheat supplier is planning to impose a temporary tax and maximum quota on grain exports in a bid to boost local supply and stabilize prices, sources close to Russian government discussions told Reuters. The tax could be between USD 27-30 per tonne of wheat, and it could be\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":547347,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/19\/our-russian-wheat-imports-jumped-84-march-may-weve-started-receiving-funding-from-the-itfc\/","url_meta":{"origin":565069,"position":3},"title":"Our Russian wheat imports jumped 84% March-May + We\u2019ve started receiving funding from the ITFC","author":"enterpriseam admin","date":"19 June 2022","format":false,"excerpt":"Egypt\u2019s imports of Russian wheat climbed 84% y-o-y in the three months from March to May despite disruption caused by the war in Ukraine, Reuters reports. Freight data shows that Egypt imported almost 1.1 mn tons during the three-month period, up from 573k during the same period in 2021.Wheat imports\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\/wheat-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590566,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/24\/uae-could-help-finance-wheat-purchases-says-supply-ministry\/","url_meta":{"origin":565069,"position":4},"title":"UAE could help finance wheat purchases, says Supply Ministry","author":"enterpriseam admin","date":"24 July 2023","format":false,"excerpt":"Egypt wants to continue to purchase Ukrainian wheat despite Russian blockade, says supply minister","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\/2023\/7\/835.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":565069,"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 &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\/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\/565069","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=565069"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565069\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/565061"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/565070"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=565069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=565069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=565069"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=565069"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=565069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}