{"id":578719,"date":"2023-01-11T04:07:20","date_gmt":"2023-01-11T04:07:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/11\/good-news-for-local-wheat-farmers\/"},"modified":"2023-01-11T04:07:20","modified_gmt":"2023-01-11T04:07:20","slug":"good-news-for-local-wheat-farmers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/11\/good-news-for-local-wheat-farmers\/","title":{"rendered":"Good news for local wheat farmers?"},"content":{"rendered":"

The pundits spent most of last night unpacking the information released by the IMF <\/strong>yesterday on our USD 3 bn facility <\/strong>(see the full story in our Economy section, above.) Elsewhere, the talking heads were talking about moves to maximize this year\u2019s wheat harvest.<\/p>\n

Will gov\u2019t up its wheat purchase price? <\/strong>President Abdel Fattah El Sisi directed the government yesterday to set a local wheat purchase price that is profitable for farmers and would encourage them to up production, according to an Ittihadiya statement<\/a>.<\/p>\n

That will likely mean increasing the<\/strong>EGP 1k per ardeb price point<\/a><\/strong> that cabinet set last summer for the 2023 harvest season<\/strong> \u2014 which already represents a hike of nearly 15% from the EGP 865-885 per ardeb it paid last year, Agriculture Ministry Spokesperson Mohamed El Kersh told Kelma Akhira\u2019s Lamees El Hadidi in a phone call (watch, runtime: 3:52<\/a>). Agriculture Minister El Sayed El Quseir also discussed the news in a phone call with Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch, runtime: 21:31<\/a>.)<\/p>\n","protected":false},"excerpt":{"rendered":"

The pundits spent most of last night unpacking the information released by the IMF yesterday on our USD 3 bn facility (see the full story in our Economy section, above.) Elsewhere, the talking heads were talking about moves to maximize this year\u2019s wheat harvest. Will gov\u2019t up its wheat purchase price? President Abdel Fattah El […]<\/p>\n","protected":false},"author":1,"featured_media":578720,"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":[7232],"tags":[317,72,106,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-578719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-commodities","tag-enterpriseam","tag-last-nights-talk-shows","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"4261bc36-3a49-45f4-8d60-43fdf55a1896","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/1\/171.jpg","photo_position":"above","related_issue":[578699],"teaser":"","voice_url":""},"yoast_head":"\nGood news for local wheat farmers? - 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\/2023\/01\/11\/good-news-for-local-wheat-farmers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Good news for local wheat farmers?\" \/>\n<meta property=\"og:description\" content=\"The pundits spent most of last night unpacking the information released by the IMF yesterday on our USD 3 bn facility (see the full story in our Economy section, above.) Elsewhere, the talking heads were talking about moves to maximize this year\u2019s wheat harvest. Will gov\u2019t up its wheat purchase price? 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Farmers will receive EGP 865-885 per ardeb of wheat the they sell to the state, up 8% from 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\/2022\/3\/220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545598,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/our-wheat-reserves-are-dipping-but-finmin-has-lined-up-the-funds-to-buy-big-in-the-local-harvest\/","url_meta":{"origin":578719,"position":2},"title":"Our wheat reserves are dipping \u2014 but FinMin has lined up the funds to buy big in the local harvest","author":"enterpriseam admin","date":"5 April 2022","format":false,"excerpt":"Our strategic wheat reserves have taken a dip: Egypt currently has enough wheat to cover the next 2.6 months\u2019 worth of consumption, cabinet spokesman Nader Saad said in a statement, down from the four-month figure announced by the government in early March.Depleted reserves shouldn\u2019t come as a surprise. Russia\u2019s war\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\/4\/128.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578797,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/15\/of-warehouse-raids-wheat-prices-and-shop-licensing-laws\/","url_meta":{"origin":578719,"position":3},"title":"Of warehouse raids, wheat prices, and shop licensing laws","author":"enterpriseam admin","date":"15 January 2023","format":false,"excerpt":"It was a mixed bag on the talk shows over the weekend: Commodities was something of a theme as the pundits took a look at what went down at one of ecommerce startup MaxAB\u2019s warehouses over the weekend, as well as getting into the nitty gritty of newly implemented shop\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","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\/2023\/1\/223.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":649815,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/lamees-launches-her-version-of-the-view-govt-raises-wheat-prices-for-farmers-adib-cries-shame-at-egypts-booth-in-itb-expo\/","url_meta":{"origin":578719,"position":4},"title":"Lamees launches her version of the View, gov\u2019t raises wheat prices for farmers; Adib cries shame at Egypt\u2019s booth in ITB expo","author":"enterpriseam admin","date":"9 March 2017","format":false,"excerpt":"It was a fairly boring night for on the airwaves, as discussions were mainly centered around food prices, subsidies and the exchange rate.Lamees El Hadidy was the only one to give a shout out to international women\u2019s day by kicking off her version of the View, Hona Al Settat, with\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-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":547554,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/27\/were-getting-a-third-of-the-indian-wheat-wed-hoped-for-bread-could-get-browner\/","url_meta":{"origin":578719,"position":5},"title":"We\u2019re getting a third of the Indian wheat we\u2019d hoped for + Bread could get browner","author":"enterpriseam admin","date":"27 June 2022","format":false,"excerpt":"The Madbouly government has inked a contract to buy 180k tons of wheat from India, which should be heading our way soon, Supply Minister Ali El Moselhy said at a presser yesterday, where he spoke broadly on our wheat import policies in FY2022-2023, according to Reuters and Bloomberg.We were hoping\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\/6\/309.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\/578719","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=578719"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/578719\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/578699"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/578720"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=578719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=578719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=578719"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=578719"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=578719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}