{"id":650420,"date":"2017-03-23T04:12:44","date_gmt":"2017-03-23T04:12:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/wheat-import-rejections-drive-trader-ambivalence-to-new-import-regulations\/"},"modified":"2017-03-23T04:12:44","modified_gmt":"2017-03-23T04:12:44","slug":"wheat-import-rejections-drive-trader-ambivalence-to-new-import-regulations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/wheat-import-rejections-drive-trader-ambivalence-to-new-import-regulations\/","title":{"rendered":"Wheat import rejections drive trader ambivalence to new import regulations"},"content":{"rendered":"<p><strong>Traders raising wheat prices for Egypt after state wheat buyer nixes seven cargoes <\/strong><strong>since January:<\/strong> The General Authority for Supply Commodities (GASC) issued preliminary rejections on seven cargoes of the grain since introducing new import rules in January, prompting many traders to raise prices at state tenders, five traders told <a href=\"http:\/\/www.reuters.com\/article\/egypt-imports-idUSL3N1GY4FD\">Reuters<\/a>. They complain that under the new system the number of rejected cargoes had risen, driving up the cost of doing business. Six of the seven cargoes rejected on arrival were forced to undergo costly fumigation and sieving, which tacked on an additional cost of USD 2.5 per tonne. Not all are complaining, with some suggesting that Egyptian wheat imports will rise next season, after the government streamlined its customs regulation, according to <a href=\"http:\/\/www.agrimoney.com\/news\/egyptian-wheat-imports-to-rise-after-fraught-year--10562.html\">Agrimoney<\/a>. \u201cTraders are \u2018optimistic\u2019 that a new grain inspection system will bring some clarity\u201d to shipping wheat to Egypt, the US Department of Agriculture's Cairo bureau said. The new rules are apparently a welcome change from the confused ergot policy, with traders feeling that dealing with an experienced organization such as GOEIC will be more straightforward, the bureau said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Traders raising wheat prices for Egypt after state wheat buyer nixes seven cargoes since January: The General Authority for Supply Commodities (GASC) issued preliminary rejections on seven cargoes of the grain since introducing new import rules in January, prompting many traders to raise prices at state tenders, five traders told Reuters. They complain that under [&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-650420","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fd731acb-92a0-4e67-ab82-794ade5cd9da","order":"0","is_powered_by":true,"section_story_id":"12f1b14c-7bd6-4aea-9efe-cf2b704bfc07","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650409],"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>Wheat import rejections drive trader ambivalence to new import regulations - 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\/03\/23\/wheat-import-rejections-drive-trader-ambivalence-to-new-import-regulations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wheat import rejections drive trader ambivalence to new import regulations\" \/>\n<meta property=\"og:description\" content=\"Traders raising wheat prices for Egypt after state wheat buyer nixes seven cargoes since January: The General Authority for Supply Commodities (GASC) issued preliminary rejections on seven cargoes of the grain since introducing new import rules in January, prompting many traders to raise prices at state tenders, five traders told Reuters. 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The cargoes were purchased by state grain buyer General Authority for Supply Commodities (GASC) recently, but the nature of the quality concerns were not described. \u201cThe\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":546489,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/18\/india-to-ease-wheat-export-restrictions-slightly\/","url_meta":{"origin":650420,"position":1},"title":"India to ease wheat export restrictions (slightly)","author":"enterpriseam admin","date":"18 May 2022","format":false,"excerpt":"India softens wheat ban after sparking panic among traders: India will allow the export of wheat shipments that are waiting for customs clearance, easing restrictions announced last week that threaten to aggravate global food shortages, the government said in a statement yesterday. 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