Reading Time: 3 minutes 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 Reuters that […] Read more
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 […] Read more
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