{"id":574560,"date":"2020-09-14T04:12:05","date_gmt":"2020-09-14T04:12:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/14\/egypt-imports-6-6-mn-tonnes-of-wheat-in-2020-gasc-acquires-51-of-imported-wheat\/"},"modified":"2020-09-14T04:12:05","modified_gmt":"2020-09-14T04:12:05","slug":"egypt-imports-6-6-mn-tonnes-of-wheat-in-2020-gasc-acquires-51-of-imported-wheat","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/14\/egypt-imports-6-6-mn-tonnes-of-wheat-in-2020-gasc-acquires-51-of-imported-wheat\/","title":{"rendered":"Egypt imports 6.6 mn tonnes of wheat in 2020, GASC acquires 51% of imported wheat"},"content":{"rendered":"

State grain buyer GASC and private sector firms imported a combined 6.6 mn tonnes <\/strong>of wheat so far this year<\/strong>, the local press<\/a> reports. The news comes after the government looked to shore up its strategic reserves in the wake of threats to the global market from covid-19. GASC accounted for more than 50% of these imports, while some 30 private sector companies imported the remainder. Russia supplied the lion\u2019s share of our imports throughout the first eight months of the year. Other major source markets include Ukraine, France, Romania, Australia, Bulgaria, Canada, and Hungary.<\/p>\n

Background: <\/strong>Egypt has been stockpiling wheat in response to the ongoing covid-19 pandemic, and has issued several international tenders during the local harvest season. Supply Minister Ali El Moselhy said earlier this year that Egypt was looking to secure 800k tonnes of imported wheat \u2014 a target that was reached in June<\/a>. The pandemic-fueled scramble to acquire wheat is expected to slightly abate<\/a> in MY2020-2021, compared to MY2019-2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

State grain buyer GASC and private sector firms imported a combined 6.6 mn tonnes of wheat so far this year, the local press reports. The news comes after the government looked to shore up its strategic reserves in the wake of threats to the global market from covid-19. GASC accounted for more than 50% of […]<\/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":[8572],"tags":[317,72,550,2417,270,2380,132,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-574560","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-commodities","tag-enterpriseam","tag-gasc","tag-general-authority-for-supply-commodities","tag-russia","tag-speed-round","tag-trade","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"b38b5233-631c-4a79-a711-aa5a3a0c6e00","is_powered_by":true,"section_story_id":"036db4ed-eb00-4dc3-b7b4-99fa17e7afcd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[574544],"teaser":"","voice_url":""},"yoast_head":"\nEgypt imports 6.6 mn tonnes of wheat in 2020, GASC acquires 51% of imported 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\/2020\/09\/14\/egypt-imports-6-6-mn-tonnes-of-wheat-in-2020-gasc-acquires-51-of-imported-wheat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt imports 6.6 mn tonnes of wheat in 2020, GASC acquires 51% of imported wheat\" \/>\n<meta property=\"og:description\" content=\"State grain buyer GASC and private sector firms imported a combined 6.6 mn tonnes of wheat so far this year, the local press reports. 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State grain buyer GASC accounted for a little over half of the imports, while the remainder was imported by private sector\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543667,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/private-sector-eclipses-gasc-as-egypts-leading-wheat-importer\/","url_meta":{"origin":574560,"position":1},"title":"Private sector eclipses GASC as Egypt\u2019s leading wheat importer","author":"enterpriseam admin","date":"13 February 2022","format":false,"excerpt":"The private sector was Egypt\u2019s leading wheat importer last year: Private sector wheat imports surpassed purchases by the state-run General Authority for Supply Commodities (GASC) in 2021 \u2014 and could continue to lead Egypt\u2019s wheat imports, Reuters reports, citing industry experts.In numbers: The private sector imported 6.9 mn 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\/2022\/2\/164.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573883,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/23\/egypts-wheat-imports-to-fall-slightly-this-year\/","url_meta":{"origin":574560,"position":2},"title":"Egypt\u2019s wheat imports to fall slightly this year","author":"enterpriseam admin","date":"23 August 2020","format":false,"excerpt":"Egypt\u2019s wheat imports to fall slightly this marketing year -USDA: Egypt, the world\u2019s leading grain buyer, is projected to import 13 mn tonnes of wheat in MY2020-2021, down slightly from a record 13.3 mn tonnes in MY2019-2020, a US Department of Agriculture report (pdf). Last marketing year\u2019s spike in wheat\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572323,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/21\/egypts-gasc-purchases-240k-tonnes-of-wheat\/","url_meta":{"origin":574560,"position":3},"title":"Egypt\u2019s GASC purchases 240k tonnes of wheat","author":"enterpriseam admin","date":"21 June 2020","format":false,"excerpt":"The General Authority for Supply Commodities (GASC) purchased 240k tonnes of wheat on Thursday from Russia, Romania, and Ukraine, according to Reuters. By our calculations, the Thursday purchase will bring Egypt\u2019s total wheat imports to 840k tonnes, which is higher than the country\u2019s 800k tonne target. Egypt has also purchased\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-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":571847,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/egypts-gasc-is-tapping-the-international-wheat-market\/","url_meta":{"origin":574560,"position":4},"title":"Egypt\u2019s GASC is tapping the international wheat market","author":"enterpriseam admin","date":"2 June 2020","format":false,"excerpt":"GASC is tapping the international wheat market again: State grain buyer GASC issued yesterday a global wheat tender as the country looks to secure its reserves of basic commodities amid the global pandemic, Reuters\u2019 Arabic service reports. Egypt is looking to import 800k tonnes of wheat, and expects to harvest\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651703,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/360k-tonnes-of-wheat-imported-from-russia-ukraine-and-romania\/","url_meta":{"origin":574560,"position":5},"title":"360k tonnes of wheat imported from Russia, Ukraine and Romania","author":"enterpriseam admin","date":"19 February 2017","format":false,"excerpt":"GASC has purchased 360k tonnes of wheat from Russia, Ukraine and Romania for delivery in 16-25 March, Al Borsa reports.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/574560","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=574560"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/574560\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/574544"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=574560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=574560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=574560"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=574560"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=574560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}