{"id":83796,"date":"2025-01-16T00:00:00","date_gmt":"2025-01-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/01\/16\/egypts-wheat-purchasing-overhaul-clouds-data-collection-for-traders\/"},"modified":"2025-01-16T00:00:00","modified_gmt":"2025-01-16T00:00:00","slug":"egypts-wheat-purchasing-overhaul-clouds-data-collection-for-traders","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/01\/16\/egypts-wheat-purchasing-overhaul-clouds-data-collection-for-traders\/","title":{"rendered":"Egypt\u2019s wheat purchasing overhaul clouds data collection for traders"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s new wheat <\/strong><strong>import system is taking the spotlight<\/strong> in a <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-14\/egypt-s-wheat-revamp-clouds-insight-into-key-part-of-world-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> feature this week about the difficulties faced by traders attempting to access information on Egypt\u2019s state-issued wheat tenders. Traders argue the lack of information is making it more challenging to gauge the volumes, prices, and origins of the wheat competitors are attempting to sell to Egypt, one of the world's biggest wheat importers. Up until late last year, valuable insights were drawn regarding trade flows, particularly from the Black Sea and European regions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What happened?<\/strong> The General Authority for Supply Commodities (GASC) managed wheat imports until late last year. During tenders, GASC published final results, and traders gathered and shared details about offers and purchases, including the grain\u2019s origin, price, the selling company, and cargo sizes. In early December, GASC said the Mostakbal Misr Agency for Sustainable Development would assume responsibility for this role. Since then, Mostakbal Misr has started securing wheat largely through direct purchases, and the company has yet to conduct a tender.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The impact: <\/strong>The \u201cinfo was very useful as an insight into the export market and the competitiveness of various origins,\u201d CRM AgriCommodities consultant Mike Verdin tells Bloomberg, \u201c[the data] offered a guide, both through the list of offers as well as the cargoes actually purchased. The loss of this has made the market less transparent \u2026 with info on other tenders less complete and less frequent.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt is the biggest wheat importer in the 2024-2025 season, with Russia being its biggest supplier last season at 4.1 mn tons<\/p>\n","protected":false},"author":1,"featured_media":83797,"comment_status":"","ping_status":"open","sticky":false,"template":"","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":[56],"tags":[49,55,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics-in-the-news","tag-egypt","tag-logistics-in-the-news","tag-trade","wpautop","entry"],"acf":{"mongo_id":"4727195b-0ea4-4acc-a356-5bd7e9ab4bbe","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/1063.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s wheat purchasing overhaul clouds data collection for traders","related_issue":[83780],"teaser":"Egypt is the biggest wheat importer in the 2024-2025 season, with Russia being its biggest supplier last season at 4.1 mn tons","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.2426edec-2237-4027-a224-0b29a5d0ac14.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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