{"id":637361,"date":"2017-11-14T04:08:32","date_gmt":"2017-11-14T04:08:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/how-russia-came-to-dominate-the-global-wheat-market\/"},"modified":"2017-11-14T04:08:32","modified_gmt":"2017-11-14T04:08:32","slug":"how-russia-came-to-dominate-the-global-wheat-market","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/how-russia-came-to-dominate-the-global-wheat-market\/","title":{"rendered":"How Russia came to dominate the global wheat market"},"content":{"rendered":"

Russia is now the dominant supplier of wheat globally<\/strong>, Bloomberg Businessweek\u2019s explores in a report<\/a>. Russia\u2019s output of wheat has surged in recent years as good growing conditions boost farmers\u2019 profits, allowing them to reinvest in better seeds and equipment. Now, about half of the countries in the world are buying Russian wheat, with Egypt being its top customer. Their biggest selling point is price and \u201cRussia\u2019s dominance also gives it the power to shake up world markets.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Russia is now the dominant supplier of wheat globally, Bloomberg Businessweek\u2019s explores in a report. Russia\u2019s output of wheat has surged in recent years as good growing conditions boost farmers\u2019 profits, allowing them to reinvest in better seeds and equipment. Now, about half of the countries in the world are buying Russian wheat, with Egypt […]<\/p>\n","protected":false},"author":1,"featured_media":637362,"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":[9003],"tags":[72,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-reading","tag-enterpriseam","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"47f6524a-9d6a-43ab-907d-bbc55b03a128","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2017\/11\/1572.png","photo_position":"above","related_issue":[637338],"teaser":"","voice_url":""},"yoast_head":"\nHow Russia came to dominate the global wheat market - 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\/11\/14\/how-russia-came-to-dominate-the-global-wheat-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Russia came to dominate the global wheat market\" \/>\n<meta property=\"og:description\" content=\"Russia is now the dominant supplier of wheat globally, Bloomberg Businessweek\u2019s explores in a report. Russia\u2019s output of wheat has surged in recent years as good growing conditions boost farmers\u2019 profits, allowing them to reinvest in better seeds and equipment. Now, about half of the countries in the world are buying Russian wheat, with Egypt […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/how-russia-came-to-dominate-the-global-wheat-market\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-14T04:08:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/1572.png?fit=%2C&ssl=1\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/how-russia-came-to-dominate-the-global-wheat-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/how-russia-came-to-dominate-the-global-wheat-market\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"How Russia came to dominate the global wheat market\",\"datePublished\":\"2017-11-14T04:08:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/how-russia-came-to-dominate-the-global-wheat-market\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/how-russia-came-to-dominate-the-global-wheat-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/1572.png?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"worth reading\"],\"articleSection\":[\"Worth reading\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/how-russia-came-to-dominate-the-global-wheat-market\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/how-russia-came-to-dominate-the-global-wheat-market\/\",\"name\":\"How Russia came to dominate the global wheat market - 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Russia\u2019s continued wins in GASC tenders against other suppliers came driven by weakness in the rouble and \u201cincreased competition\u201d on international markets. GASC has so far\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":650193,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/19\/are-bread-subsidy-cuts-a-red-line-in-egypt\/","url_meta":{"origin":637361,"position":1},"title":"Are bread subsidy cuts a red line in Egypt?","author":"enterpriseam admin","date":"19 March 2017","format":false,"excerpt":"Are cuts to the bread subsidy system still a red line for the Ismail government? That\u2019s the opinion hinted at by a number of traders speaking to Reuters, who note that Egypt is ratcheting up its wheat purchases on the global market at a more aggressive pace to keep up\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":647412,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/us-sends-egypt-first-wheat-shipment-in-four-months\/","url_meta":{"origin":637361,"position":2},"title":"US sends Egypt first wheat shipment in four months","author":"enterpriseam admin","date":"10 May 2017","format":false,"excerpt":"Egypt has bought US wheat for the first time in four months, Bloomberg reported. US authorities \u201cinspected 51,603 tons of wheat for export to Egypt in the week ended May 4, U.S. Department of Agriculture data showed on Monday. The last shipment to the country was in mid-January.\u201d Egypt \u201cprobably\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":605733,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/05\/big-wheat-buy\/","url_meta":{"origin":637361,"position":3},"title":"Big wheat buy","author":"enterpriseam admin","date":"5 September 2023","format":false,"excerpt":"GASC procures Russian wheat for USD 270 a ton","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\/2023\/9\/113.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627196,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/25\/a-drought-in-europe-and-the-black-sea-could-see-egypt-pay-more-for-imported-wheat\/","url_meta":{"origin":637361,"position":4},"title":"A drought in Europe and the Black Sea could see Egypt pay more for imported wheat","author":"enterpriseam admin","date":"25 July 2018","format":false,"excerpt":"A drought across the Europe and the Black Sea region will force Egypt to pay a higher price for new wheat imports, Gianlucca De Paoli writes for Bloomberg. The General Authority for Supply Commodities (GASC) purchased yesterday 420k tonnes of Russian, Ukrainian, and Romanian wheat, according to Reuters\u2019 Arabic service.\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":625405,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/05\/egypt-purchases-wheat-at-record-high-prices-of-over-usd-250-a-tonne-in-thursday-tender\/","url_meta":{"origin":637361,"position":5},"title":"Egypt purchases wheat at record-high prices of over USD 250 a tonne in Thursday tender","author":"enterpriseam admin","date":"5 August 2018","format":false,"excerpt":"Egypt purchases wheat at record-high prices of over USD 250 a tonne in Thursday tender: The General Authority for Supply Commodities (GASC) purchased 240k tonnes of Russian and Romanian wheat in an international tender on Wednesday at record high prices of over USD 250 a tonne, traders tell Reuters. 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