{"id":631004,"date":"2018-03-07T04:32:47","date_gmt":"2018-03-07T04:32:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib\/"},"modified":"2018-03-07T04:32:47","modified_gmt":"2018-03-07T04:32:47","slug":"govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib\/","title":{"rendered":"Gov\u2019t expected to raise local wheat buying price EGP 15-20 per ardib"},"content":{"rendered":"<p><strong>Gov\u2019t expected to raise local wheat buying price EGP 15-20 per ardib: <\/strong>The government will set the price of buying local wheat for the upcoming harvest season based on the average local and global prices, an unnamed government source <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN1GI0OO\">tells Arabic Reuters<\/a>. The formula will likely see the buying price increase EGP 15-20 per ardib from last season. Supply Minister Ali El Moselhy <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/05\/government-to-purchase-local-wheat-at-global-prices\/\">had confirmed in November<\/a> that the government would peg wheat prices to the global market as of the upcoming season, which runs from mid-April until July. <strong>The final price is expected to be announced this month<\/strong>.<\/p>\n<p>Meanwhile, <strong>the General Authority for Supply Commodities (GASC) purchased yesterday 175k tonnes of Russian wheat<\/strong>, <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN1GI1N5\">according to the newswire<\/a>. The lowest offer received in the tender was from Russia\u2019s GTCS at USD 213 per tonne free-on-board, traders <a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFL5N1QO3M0\">told Reuters<\/a>. The wheat is scheduled for delivery between 5-15 April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gov\u2019t expected to raise local wheat buying price EGP 15-20 per ardib: The government will set the price of buying local wheat for the upcoming harvest season based on the average local and global prices, an unnamed government source tells Arabic Reuters. The formula will likely see the buying price increase EGP 15-20 per ardib [&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-631004","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6eac00af-5486-420f-a19c-5f3d2730ef29","order":"0","is_powered_by":true,"section_story_id":"094eda26-97ce-4d04-a386-862c54a589ab","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630990],"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>Gov\u2019t expected to raise local wheat buying price EGP 15-20 per ardib - 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\/03\/07\/govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t expected to raise local wheat buying price EGP 15-20 per ardib\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t expected to raise local wheat buying price EGP 15-20 per ardib: The government will set the price of buying local wheat for the upcoming harvest season based on the average local and global prices, an unnamed government source tells Arabic Reuters. The formula will likely see the buying price increase EGP 15-20 per ardib [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-07T04:32:47+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\/03\/07\/govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t expected to raise local wheat buying price EGP 15-20 per ardib\",\"datePublished\":\"2018-03-07T04:32:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib\/\"},\"wordCount\":161,\"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\/03\/07\/govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib\/\",\"name\":\"Gov\u2019t expected to raise local wheat buying price EGP 15-20 per ardib - 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Farmers are pushing to set the price at EGP\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":631675,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/government-to-purchase-over-4-mn-tonnes-of-local-wheat-this-year\/","url_meta":{"origin":631004,"position":1},"title":"Government to purchase over 4 mn tonnes of local wheat this year","author":"enterpriseam admin","date":"25 March 2018","format":false,"excerpt":"The government is planning to purchase over 4 mn tonnes of wheat from local farmers this year, Supply Ministry spokesperson Mamdouh Ramadan tells Reuters\u2019 Arabic service. The government is prepared to purchase however much farmers will be willing to sell, Ramadan said, adding that the Ismail Cabinet will announce the\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":555418,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/14\/govt-to-pay-13-more-for-local-wheat-next-year\/","url_meta":{"origin":631004,"position":2},"title":"Gov\u2019t to pay 13% more for local wheat next year","author":"enterpriseam admin","date":"14 November 2021","format":false,"excerpt":"Local wheat prices to rise 13% for gov\u2019t next year: The government will pay 13% more per ardib of locally grown wheat in 2022 according to the purchase prices that have been set by the supply, agriculture and finance ministries before planting for the new season begins. A joint statement\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\/11\/437.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":629990,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/05\/govt-to-import-180-200k-tonnes-of-wheat-this-month-local-wheat-price-to-be-announced-today\/","url_meta":{"origin":631004,"position":3},"title":"Gov't to import 180-200k tonnes of wheat this month, local wheat price to be announced today","author":"enterpriseam admin","date":"5 April 2018","format":false,"excerpt":"The Supply Ministry plans to import 180-200k tonnes of wheat this month, Supply Minister Ali El Moselhy tells Al Mal, adding that Egypt\u2019s wheat reserves will last until mid-July. El Moselhy said that the ministry would announce the price of buying local wheat from farmers during the upcoming harvest season\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":638672,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/govt-to-peg-prices-of-harvested-wheat-to-the-global-market\/","url_meta":{"origin":631004,"position":4},"title":"Gov\u2019t to peg prices of harvested wheat to the global market","author":"enterpriseam admin","date":"11 October 2017","format":false,"excerpt":"Gov\u2019t to peg prices of harvested wheat to the global market: It would appear that under the new bread subsidy system the government will be pegging the price of wheat it purchases from farmers to the global market price, according to statements attributed to Agriculture Minister Abdel Moneim El Banna\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":544626,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/14\/were-getting-wheat-from-ukraine-russia-and-romania-within-days-and-local-farmers-are-pushing-the-state-to-pay-more-for-the-domestic-harvest\/","url_meta":{"origin":631004,"position":5},"title":"We\u2019re getting wheat from Ukraine, Russia and Romania within days \u2014 and local farmers are pushing the state to pay more for the domestic harvest","author":"enterpriseam admin","date":"14 March 2022","format":false,"excerpt":"Shipments of Black Sea wheat are on their way to Egypt: Several cargoes totaling 189k tonnes of Ukrainian, Russian and Romanian wheat are on their way to Egypt even as the war in Ukraine continues to disrupt commercial shipping in the Black Sea. Egypt will receive 63k tonnes of wheat\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\/160.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\/631004","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=631004"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631004\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630990"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=631004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=631004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=631004"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=631004"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=631004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}