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A Russian grain terminal at the Port of Novorossiysk on the Black Sea. (NMTP.info)

Russia may ban Egyptian citrus amid wheat dispute

By GFM Network News, Polina Devitt September 13, 2016

Moscow/Cairo | Reuters — Russia threatened to ban Egyptian citrus imports on Tuesday, a move that could escalate a trade dispute over exports of Russian wheat to the world’s largest importer of the grain. Moscow said this week it hopes to hold talks with Egypt, its top buyer, over Cairo’s failure to approve Russian wheat

Crops

Health ministry decision makes zero ergot Egypt’s new normal

By GFM Network News, Maha El Dahan September 6, 2016

Abu Dhabi/Cairo | Reuters — Egypt’s health ministry banned wheat with any ergot fungus on Monday, a decision traders said signals the zero tolerance policy that wreaked havoc on the country’s grain purchases earlier this year is back to stay. The decree, seen by Reuters, brings the ministry in line with an agriculture ministry decree

Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)

Crops

Egypt’s GASC cancels wheat tender as ergot policy bites

By GFM Network News, Maha El Dahan August 31, 2016

Cairo/Abu Dhabi | Reuters — Egypt’s ability to buy wheat from abroad while demanding zero ergot fungus in shipments was dealt a serious blow on Wednesday, with state grain buyer GASC cancelling its tender after receiving just one offer. It was the country’s first tender to purchase wheat since it reinstated its zero-tolerance ergot policy

Crops

Egypt bans ergot in wheat, again

By GFM Network News, Maha El Dahan August 29, 2016

Cairo/Abu Dhabi | Reuters — Egypt reinstated on Sunday a controversial ban on wheat shipments containing even the slightest amount of a common grain fungus, baffling traders who had returned to the Egyptian market just last month when the ban was lifted. The world’s largest wheat importer said on Sunday it was re-introducing its zero

Crops, Markets

U.S. grains: Wheat falls to decade low on ample supplies

By GFM Network News, Rod Nickel August 26, 2016

Reuters — Wheat futures dropped to their lowest price in Chicago in nearly a decade on Friday, pressured by ample supplies and technical selling. Corn dropped for the fifth straight session and soybeans lost ground for the fourth straight day, as a U.S. tour of mostly robust crops wrapped up. The Chicago Board of Trade

Khaled Hanafi, Egypt’s minister for supply and internal trading, shown here at a meeting Tuesday, has resigned in the wake of the country’s ongoing probe into purchases of local wheat. (MSIT.gov.eg)

Crops

Egypt’s wheat corruption scandal takes down supply minister

By GFM Network News, Maha El Dahan August 25, 2016

Cairo/Abu Dhabi | Reuters — Egypt’s Minister of Supply Khaled Hanafi has resigned amid the highest-profile corruption case since President Abdel Fattah al-Sisi came to power in 2014. Hanafi’s resignation is the most senior-level fallout from a probe into whether millions of dollars intended to subsidize farmers were used to purchase wheat that did not

Cereals, Crops

Egypt to follow global standard for ergot starting Tuesday

By GFM Network News, Reuters July 11, 2016

Cairo | Reuters — Egypt will allow up to 0.05 per cent ergot, a common grains fungus, in wheat shipments beginning on Tuesday, confirming the end of a months-long standoff just before the country re-enters the international wheat market. Reuters exclusively reported on July 4 that a ministerial decree would allow the world’s top wheat

Cereals, Crops, Markets

Egypt appoints new top wheat buyer

By GFM Network News July 4, 2016

Cairo | Reuters — Egypt appointed a new head on Sunday for its state wheat-importing body — one of the most influential positions in the global wheat market — as it remains mired in a dispute over the quality of grain it will buy. Minister of Supply Khaled Hanafi told Reuters Ahmed Youssef has been

Cereals, Crops, Markets

Egypt returns to zero tolerance of ergot in wheat

By GFM Network News, Maha El Dahan June 8, 2016

Abu Dhabi/Cairo | Reuters — Egypt has rejected two shipments of wheat for containing trace levels of the ergot fungus, backtracking on a government pledge to apply international standards and alarming traders looking to do business with the world’s largest buyer of the grain. Earlier this year traders boycotted state wheat tenders after the country’s

Crops, Markets

Egypt quarantine authority to ban ergot until new laws passed

By GFM Network News, Reuters March 8, 2016

Cairo | Reuters — Egypt’s agriculture quarantine authority will continue to apply a zero ergot policy on wheat shipments until new legislation is issued, the new head of the authority told Reuters on Tuesday. Former quarantine chief Saad Moussa’s zero-tolerance policy on common grains fungus ergot resulted in shipments to the world’s biggest importer of

Daily Network News

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Tag Archives GASC

Russia may ban Egyptian citrus amid wheat dispute

Health ministry decision makes zero ergot Egypt’s new normal

Egypt’s GASC cancels wheat tender as ergot policy bites

Egypt bans ergot in wheat, again

U.S. grains: Wheat falls to decade low on ample supplies

Egypt’s wheat corruption scandal takes down supply minister

Egypt to follow global standard for ergot starting Tuesday

Egypt appoints new top wheat buyer

Egypt returns to zero tolerance of ergot in wheat

Egypt quarantine authority to ban ergot until new laws passed

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