{"id":642584,"date":"2017-08-17T04:00:46","date_gmt":"2017-08-17T04:00:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/wheat-prices-dropping-internationally-spark-interest-of-egyptian-buyers\/"},"modified":"2017-08-17T04:00:46","modified_gmt":"2017-08-17T04:00:46","slug":"wheat-prices-dropping-internationally-spark-interest-of-egyptian-buyers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/wheat-prices-dropping-internationally-spark-interest-of-egyptian-buyers\/","title":{"rendered":"Wheat prices dropping internationally spark interest of Egyptian buyers"},"content":{"rendered":"

<\/a> The wheat market has turned bearish as the prospect of another season of ample supply <\/strong>has sent prices plunging <\/strong>with \u201cbigger-than-expected harvests in Russia and neighboring nations,\u201d according to Bloomberg<\/a>. \u201cMoney is flowing out of all the commodity markets \u2026 The spring wheat production number didn\u2019t come down nearly as much as the bulls in the market would\u2019ve liked,\u201d said Joe Vaclavik, president of Standard Grain. This drop in international prices could be sparking interest of global buyers, including Egypt<\/strong> \u2014 the world\u2019s largest importer. Tunisia, Philippines, Thailand, and Iraq are also said to be interested in issuing tenders to buy wheat. Egypt\u2019s General Authority for Supply Commodities already contracted 355k tonnes of wheat from Russia and Ukraine yesterday that are scheduled for a 20-30 September delivery, Al Shorouk reports<\/a>. The tender was issued on Tuesday<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The wheat market has turned bearish as the prospect of another season of ample supply has sent prices plunging with \u201cbigger-than-expected harvests in Russia and neighboring nations,\u201d according to Bloomberg. \u201cMoney is flowing out of all the commodity markets \u2026 The spring wheat production number didn\u2019t come down nearly as much as the bulls 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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642584","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"854761fc-8ca9-4e13-b162-9cf7317c77e7","order":"0","is_powered_by":true,"section_story_id":"2bad9f49-0fb7-406a-9398-6dcbb2921efa","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642575],"teaser":"","voice_url":""},"yoast_head":"\nWheat prices dropping internationally spark interest of Egyptian buyers - 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\/08\/17\/wheat-prices-dropping-internationally-spark-interest-of-egyptian-buyers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wheat prices dropping internationally spark interest of Egyptian buyers\" \/>\n<meta property=\"og:description\" content=\"The wheat market has turned bearish as the prospect of another season of ample supply has sent prices plunging with \u201cbigger-than-expected harvests in Russia and neighboring nations,\u201d according to Bloomberg. \u201cMoney is flowing out of all the commodity markets \u2026 The spring wheat production number didn\u2019t come down nearly as much as the bulls in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/wheat-prices-dropping-internationally-spark-interest-of-egyptian-buyers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-17T04:00:46+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\/08\/17\/wheat-prices-dropping-internationally-spark-interest-of-egyptian-buyers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/wheat-prices-dropping-internationally-spark-interest-of-egyptian-buyers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Wheat prices dropping internationally spark interest of Egyptian buyers\",\"datePublished\":\"2017-08-17T04:00:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/wheat-prices-dropping-internationally-spark-interest-of-egyptian-buyers\/\"},\"wordCount\":147,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/wheat-prices-dropping-internationally-spark-interest-of-egyptian-buyers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/wheat-prices-dropping-internationally-spark-interest-of-egyptian-buyers\/\",\"name\":\"Wheat prices dropping internationally spark interest of Egyptian buyers - 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