{"id":635856,"date":"2017-12-14T03:41:51","date_gmt":"2017-12-14T03:41:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/us-wheat-prices-drop-low-enough-to-compete-in-egypt-reuters\/"},"modified":"2017-12-14T03:41:51","modified_gmt":"2017-12-14T03:41:51","slug":"us-wheat-prices-drop-low-enough-to-compete-in-egypt-reuters","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/us-wheat-prices-drop-low-enough-to-compete-in-egypt-reuters\/","title":{"rendered":"US wheat prices drop low enough to compete in Egypt -Reuters"},"content":{"rendered":"

Prices Egypt paid recently for Russian and Romanian wheat shows that US wheat prices are now low enough to compete here, according to Reuters<\/a>. Egypt last bought US wheat in May and this was its first purchase in more than two years. \u201cU.S. wheat prices have tumbled 60 percent since reaching a four-year high in 2012 as large harvests around the world have reduced export demand. Global wheat inventories are at record-high levels, due in part to heavy production from Russia.\u201d The drop in prices has attracted Algeria, the world\u2019s third-largest wheat importer, which made its biggest U.S. wheat purchase in nine months on Tuesday, the newswire says<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Prices Egypt paid recently for Russian and Romanian wheat shows that US wheat prices are now low enough to compete here, according to Reuters. Egypt last bought US wheat in May and this was its first purchase in more than two years. \u201cU.S. wheat prices have tumbled 60 percent since reaching a four-year high in […]<\/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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635856","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"9fefc616-b17c-4149-8376-ea3798bd8a53","order":"0","is_powered_by":true,"section_story_id":"6a7bdee2-d694-4670-8d86-40357d70b550","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635822],"teaser":"","voice_url":""},"yoast_head":"\nUS wheat prices drop low enough to compete in Egypt -Reuters - 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\/2017\/12\/14\/us-wheat-prices-drop-low-enough-to-compete-in-egypt-reuters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US wheat prices drop low enough to compete in Egypt -Reuters\" \/>\n<meta property=\"og:description\" content=\"Prices Egypt paid recently for Russian and Romanian wheat shows that US wheat prices are now low enough to compete here, according to Reuters. Egypt last bought US wheat in May and this was its first purchase in more than two years. \u201cU.S. wheat prices have tumbled 60 percent since reaching a four-year high in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/us-wheat-prices-drop-low-enough-to-compete-in-egypt-reuters\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-14T03:41:51+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\/2017\/12\/14\/us-wheat-prices-drop-low-enough-to-compete-in-egypt-reuters\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/us-wheat-prices-drop-low-enough-to-compete-in-egypt-reuters\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"US wheat prices drop low enough to compete in Egypt -Reuters\",\"datePublished\":\"2017-12-14T03:41:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/us-wheat-prices-drop-low-enough-to-compete-in-egypt-reuters\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/us-wheat-prices-drop-low-enough-to-compete-in-egypt-reuters\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/us-wheat-prices-drop-low-enough-to-compete-in-egypt-reuters\/\",\"name\":\"US wheat prices drop low enough to compete in Egypt -Reuters - 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Shipping for the wheat is set for the last week of March. The tender comes at a time when Russian wheat prices are expected\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":653209,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/31\/russian-wheat-prices-rise-after-egyptian-orders\/","url_meta":{"origin":635856,"position":1},"title":"Russian wheat prices rise after Egyptian orders","author":"enterpriseam admin","date":"31 January 2017","format":false,"excerpt":"Prices of Russian wheat are continuing a three-week rally following increased demand from Egypt, analysts told Reuters\u2019 Arabic service. Egypt bought 410k tonnes of Russian wheat on 26 January. Prices of Russian wheat prices have gone up by USD 1-2.5 per tonne since last week, according to two Russian consulting\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":605147,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/egypt-buys-most-expensive-wheat-in-four-years-russia-left-out\/","url_meta":{"origin":635856,"position":2},"title":"Egypt buys most expensive wheat in four years, Russia left out","author":"enterpriseam admin","date":"23 December 2018","format":false,"excerpt":"State grain buyer GASC purchased 120,000 tonnes of wheat at the highest prices in four years during an international tender on Thursday for delivery between 11 and 20 February, according to Reuters. This was the first time in six months that Egypt did not purchase Russian wheat, the newswire highlighted,\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":631675,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/government-to-purchase-over-4-mn-tonnes-of-local-wheat-this-year\/","url_meta":{"origin":635856,"position":3},"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 "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":624611,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/wheat-import-prices-begin-to-ease-up-for-gasc\/","url_meta":{"origin":635856,"position":4},"title":"Wheat import prices begin to ease up for GASC","author":"enterpriseam admin","date":"13 September 2018","format":false,"excerpt":"The General Authority for Supply Commodities (GASC) purchased 235k tonnes of Russian wheat in an international tender yesterday, according to Reuters\u2019 Arabic service. The lowest offer received in a tender for 55,000 tonnes of wheat was USD 222.70 per tonne FOB from trading firm Daewoo, traders tell Reuters. The shipment\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":625761,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/gasc-issues-two-tenders-for-unspecified-amount-of-wheat\/","url_meta":{"origin":635856,"position":5},"title":"GASC issues two tenders for unspecified amount of wheat","author":"enterpriseam admin","date":"14 August 2018","format":false,"excerpt":"The General Authority for Supply Commodities (GASC) issued yesterday two international tenders for an unspecified amount of wheat, to be shipped between 21 and 30 September, and 1 and 10 October, according to Reuters\u2019 Arabic service. The tender results are expected to be announced later today. Egypt\u2019s last tender saw\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/635856","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=635856"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/635856\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/635822"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=635856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=635856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=635856"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=635856"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=635856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}