{"id":645488,"date":"2017-07-20T04:05:42","date_gmt":"2017-07-20T04:05:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/government-maintains-prices-of-purchasing-local-cotton\/"},"modified":"2017-07-20T04:05:42","modified_gmt":"2017-07-20T04:05:42","slug":"government-maintains-prices-of-purchasing-local-cotton","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/government-maintains-prices-of-purchasing-local-cotton\/","title":{"rendered":"Government maintains prices of purchasing local cotton"},"content":{"rendered":"<p>The Ismail government will not be implementing further increases to the <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/17\/agriculture-ministry-announces-new-prices-for-purchasing-local-cotton\/\">prices of local cotton<\/a> set by the Agriculture Ministry, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=19072017&id=9dede8df-8c84-4705-9d24-933466874bc7\">Al Shorouk reports<\/a>. An agreement between the manpower and agriculture ministries will see the government purchase the entire 1.5 mn qintars harvested during season if global cotton prices drop and pay more for its local cotton purchases if global prices rise. Meanwhile, the trade and agriculture ministries signed a EUR 1.5 mn cooperation agreement with the UN Industrial Development Organization (UNIDO) and the Italian Agency for Development and Cooperation to increase the added value of Egyptian cotton and improve cotton farmers\u2019 productivity over a two-year timespan, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1553911.aspx\">Ahram Gate reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ismail government will not be implementing further increases to the prices of local cotton set by the Agriculture Ministry, Al Shorouk reports. An agreement between the manpower and agriculture ministries will see the government purchase the entire 1.5 mn qintars harvested during season if global cotton prices drop and pay more for its local [&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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645488","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"65261cc2-1194-4140-994f-fce4cc21fa43","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645451],"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>Government maintains prices of purchasing local cotton - 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\/07\/20\/government-maintains-prices-of-purchasing-local-cotton\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government maintains prices of purchasing local cotton\" \/>\n<meta property=\"og:description\" content=\"The Ismail government will not be implementing further increases to the prices of local cotton set by the Agriculture Ministry, Al Shorouk reports. An agreement between the manpower and agriculture ministries will see the government purchase the entire 1.5 mn qintars harvested during season if global cotton prices drop and pay more for its local [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/government-maintains-prices-of-purchasing-local-cotton\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-20T04:05:42+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\/07\/20\/government-maintains-prices-of-purchasing-local-cotton\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/government-maintains-prices-of-purchasing-local-cotton\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Government maintains prices of purchasing local cotton\",\"datePublished\":\"2017-07-20T04:05:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/government-maintains-prices-of-purchasing-local-cotton\/\"},\"wordCount\":114,\"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\/07\/20\/government-maintains-prices-of-purchasing-local-cotton\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/government-maintains-prices-of-purchasing-local-cotton\/\",\"name\":\"Government maintains prices of purchasing local cotton - 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The training program will be funded by Italian Agency for Development Cooperation. Local partners 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":599060,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/cotton-cultivated-land-shrinks-by-36-8-this-season\/","url_meta":{"origin":645488,"position":2},"title":"Cotton-cultivated land shrinks by 36.8% this season","author":"enterpriseam admin","date":"17 June 2019","format":false,"excerpt":"The size of agricultural lands cultivated with cotton fell this season by 36.8% compared to last year to about 193,000 feddans, local press reported, citing Agriculture Ministry officials. The fall is due to weather conditions and low selling prices last season which discouraged farmers from growing the crop.","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":596361,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/new-cotton-auction-system-draws-criticism-from-bidding-companies-for-high-prices\/","url_meta":{"origin":645488,"position":3},"title":"New cotton auction system draws criticism from bidding companies for high prices","author":"enterpriseam admin","date":"26 August 2019","format":false,"excerpt":"Private companies refused to participate in the first cotton auction held under a new mechanism yesterday, complaining that the opening price of EGP 2.1k per qintar was too high, the Public Enterprises Ministry said in a statement picked up by the local press. The new public auction system is being\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":561584,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/13\/egypts-cotton-exports-to-grow-14-this-marketing-year\/","url_meta":{"origin":645488,"position":4},"title":"Egypt's cotton exports to grow 14% this marketing year","author":"enterpriseam admin","date":"13 April 2021","format":false,"excerpt":"Low cotton prices are expected to drive a 14% y-o-y growth of Egypt\u2019s exports to 250k bales in the 2020-2021 marketing year, according to a report (pdf) by the US Department of Agriculture\u2019s Cairo office.India and Pakistan are expected to remain top importers of Egyptian cotton during the marketing year,\u2026","rel":"","context":"In &quot;BASIC COMMODITIES&quot;","block_context":{"text":"BASIC COMMODITIES","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-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":645361,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/cotton-farmers-planning-to-sell-their-harvests-on-the-open-market\/","url_meta":{"origin":645488,"position":5},"title":"Cotton farmers planning to sell their harvests on the open market","author":"enterpriseam admin","date":"18 July 2017","format":false,"excerpt":"Cotton farmers are leaning towards selling their harvests on the open market, rather than to the government, due to the low prices the Agriculture Ministry has set for purchasing local cotton, head of the Egyptian Farmers\u2019 Union Mohamed Farag tells Al Mal. 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