Reuters – Russian wheat offers at a recent import tender by Egypt were all made at the same price, highlighting what traders classify as behind-the-scenes intervention by Russia’s government that is sowing confusion about the world’s biggest wheat-exporting country. Here is a more detailed look at what is happening: Russian policy In March, sources told
Why are Russian export prices roiling the wheat market?
Dissecting the factors around Russia’s grain movement and its impact on global markets
Egypt’s private sector wheat imports stall due to dollar shortage
"We are in the red zone"
Cairo | Reuters — The price of wheat and flour used to make unsubsidized bread has spiked in Egypt as importers struggle to pay for wheat stuck at ports amid a dollar shortage, traders and the country’s chamber of cereals told Reuters this week. Around 700,000 tonnes of wheat haven’t been released from customs, causing
Egypt shifts from wheat tenders to direct deals amid Ukraine uncertainty
Reuters – Egypt is in its latest round of talks to buy wheat by direct purchase, traders said, a system the government has said can provide more attractive prices since the Ukraine war disrupted grain markets. Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), held private talks with at least three suppliers,
Egypt’s wheat imports from Russia rose in March despite war
Reuters – Egypt, often the world’s top wheat buyer, saw a rise in imports of the grain from Russia in March despite supply and payment disruptions following its invasion of Ukraine that also drove traders to seek shipments from other suppliers. Egypt received 479,195 tonnes of wheat from Russia in March, 24 per cent up
Top wheat importer Egypt not concerned by market disruptions
Reuters – Egypt, often the world’s top wheat importer, is not concerned with the global decline in wheat stocks as it benefits from a diverse pool of suppliers, the Supply Ministry told Reuters in a statement. “Our tender book includes 16 wheat import origins, which provides us with flexibility when it comes to managing the
Cyber-Savvy Farmer
