{"id":622918,"date":"2018-10-16T04:36:34","date_gmt":"2018-10-16T04:36:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/"},"modified":"2018-10-16T04:36:34","modified_gmt":"2018-10-16T04:36:34","slug":"wheat-hedge-talks-still-in-the-early-stages","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/","title":{"rendered":"Wheat hedge talks still \u201cin the early stages\u201d?"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> ** #5 <strong>Wheat hedge talks still \u201cin the early stages\u201d?<\/strong> Egypt\u2019s talks with international banks about a potential hedge against volatility in global wheat prices are not that advanced and remain \u201cin the early stages,\u201d an unnamed government source said yesterday, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1WV29G\">Reuters reports<\/a>. The source downplayed the progress the government has made so far on the program, saying there is no deadline for completing talks and that the government is only \u201csurveying, taking presentations, not more than that.\u201d Supply Ministry aide Ibrahim El Ashmawy had <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/14\/egypt-in-advanced-talks-over-wheat-hedging-contracts\/\">told Enterprise earlier this week<\/a> that Egypt is in \u201cserious\u201d negotiations with the National Bank of Abu Dhabi (NBAD) and an unnamed Kuwaiti lender about the wheat hedging program. According to El Ashmawy, the wheat hedge could be a trial balloon for a wider program to hedge against rises in the prices of key commodities Egypt imports. The wheat hedging program mimics a fuel hedge the Finance Ministry had reportedly been mulling, but <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/11\/in-their-own-words-maait-kouchouk-discuss-debt-control-tax-reform-bonds-with-investors\/\">seems to be<\/a> on the back burner for now.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>** #5 Wheat hedge talks still \u201cin the early stages\u201d? Egypt\u2019s talks with international banks about a potential hedge against volatility in global wheat prices are not that advanced and remain \u201cin the early stages,\u201d an unnamed government source said yesterday, Reuters reports. The source downplayed the progress the government has made so far on [&hellip;]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622918","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b4b7957c-b4f1-4da1-b0b0-344c1be65f8e","order":"0","is_powered_by":true,"section_story_id":"7238a260-6295-4571-bc28-8c9eaf98ab06","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622909],"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>Wheat hedge talks still \u201cin the early stages\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\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wheat hedge talks still \u201cin the early stages\u201d?\" \/>\n<meta property=\"og:description\" content=\"** #5 Wheat hedge talks still \u201cin the early stages\u201d? Egypt\u2019s talks with international banks about a potential hedge against volatility in global wheat prices are not that advanced and remain \u201cin the early stages,\u201d an unnamed government source said yesterday, Reuters reports. The source downplayed the progress the government has made so far on [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-16T04:36:34+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Wheat hedge talks still \u201cin the early stages\u201d?\",\"datePublished\":\"2018-10-16T04:36:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/\"},\"wordCount\":174,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/\",\"name\":\"Wheat hedge talks still \u201cin the early stages\u201d? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-10-16T04:36:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Wheat hedge talks still \u201cin the early stages\u201d?\"}]},{\"@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":"Wheat hedge talks still \u201cin the early stages\u201d? - 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\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/","og_locale":"en_US","og_type":"article","og_title":"Wheat hedge talks still \u201cin the early stages\u201d?","og_description":"** #5 Wheat hedge talks still \u201cin the early stages\u201d? Egypt\u2019s talks with international banks about a potential hedge against volatility in global wheat prices are not that advanced and remain \u201cin the early stages,\u201d an unnamed government source said yesterday, Reuters reports. The source downplayed the progress the government has made so far on [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-10-16T04:36:34+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Wheat hedge talks still \u201cin the early stages\u201d?","datePublished":"2018-10-16T04:36:34+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/"},"wordCount":174,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/wheat-hedge-talks-still-in-the-early-stages\/","name":"Wheat hedge talks still \u201cin the early stages\u201d? 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According to the source, the plan to hedge against volatile global wheat prices is still \u201cin the early stages,\u201d but the news information service notes that introducing\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":600633,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/egypt-could-hedge-against-strategic-commodity-prices-in-fy2019-20\/","url_meta":{"origin":622918,"position":2},"title":"Egypt could hedge against strategic commodity prices in FY2019-20","author":"enterpriseam admin","date":"5 February 2019","format":false,"excerpt":"EXCLUSIVE- Egypt is mulling whether to hedge against rising prices of strategic commodities starting July, a senior government official told Enterprise. The government in talks with international banks to hedge against volatility in the prices of strategic imports including petroleum and wheat, starting from the coming fiscal year. Exact plans\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":624223,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/03\/finmin-to-expand-hedging-on-other-goods-including-wheat\/","url_meta":{"origin":622918,"position":3},"title":"FinMin to expand hedging on other goods, including wheat","author":"enterpriseam admin","date":"3 September 2018","format":false,"excerpt":"EXCLUSIVE- FinMin to expand hedging to other commodities, including wheat: It appears that the Finance Ministry is indeed to looking to initiate a program to hedge against volatility in the global price of wheat in manner similar to its fuel hedging program, a ministry source told Enterprise. The move is\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":599001,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/16\/egypt-looking-at-usd-65-70-bbl-in-fuel-hedge-set-to-take-effect-in-july\/","url_meta":{"origin":622918,"position":4},"title":"Egypt looking at USD 65-70\/bbl in fuel hedge set to take effect in July","author":"enterpriseam admin","date":"16 June 2019","format":false,"excerpt":"Gov\u2019t looking at USD 65-70\/bbl in fuel hedge contracts set to take effect in July: The finance and oil ministries have started renegotiating the USD 70\/bbl price they had agreed on under fuel hedging contracts set to take effect next month, a government source told the local press. The government\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/104.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":614105,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/28\/hedging-is-off-the-table-for-wheat-contracts-el-moselhi\/","url_meta":{"origin":622918,"position":5},"title":"Hedging is off the table for wheat contracts - El Moselhi","author":"enterpriseam admin","date":"28 January 2024","format":false,"excerpt":"Egypt\u2019s strategic reserves of wheat currently stand at 4.2 months","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\/10\/913.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\/622918","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=622918"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622918\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622909"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622918"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622918"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}