Insights and Stories on Egypt

Egyptians protest over fears of bread subsidy cuts

Mar. 7, 2017 at 4:53 pm CST

Alexandria, Egypt | Reuters — Hundreds of Egyptians protested around the country on Tuesday, blocking roads and surrounding government offices, after a change to the way bread rations are managed raised fears that the government was cutting food subsidies by the back door. Bread subsidies are an explosive issue in […]

U.S. grains: Wheat, corn gain on short-covering

Oct. 25, 2016 at 4:06 pm CDT

By Michael Hirtzer

Egypt stocks up on strategic commodities ahead of devaluation

Oct. 5, 2016 at 12:17 pm CDT

By Eric Knecht maha-el-dahan

U.S. grains: Harvest pressure, profit-taking pull down corn, soy

Sep. 21, 2016 at 4:00 pm CDT

By Mark Weinraub

Egypt cancels zero-ergot wheat policy amid mounting pressure

Sep. 21, 2016 at 12:03 pm CDT

By Reuters

U.S. grains: Harvest delays spark soybean rally

Sep. 20, 2016 at 2:49 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures rose 1.7 per cent on Tuesday, hitting a nearly one-month high on strong export demand and as rains delayed harvest in key production areas of the U.S. Midwest, traders said. The delays also supported corn futures, while wheat rose on […]

By Mark Weinraub

U.S. grains: Soybeans rise on technical buying

Sep. 19, 2016 at 4:00 pm CDT

Reuters — U.S. soybeans rose on Monday for a third straight session, boosted by strength in vegetable oil markets and technical buying. Corn turned higher on chart-based buying and Chicago wheat finished mixed, held in check by an ongoing disruption in Egyptian wheat imports. Chicago November soybean futures climbed 6-1/2 […]

By Rod Nickel

U.S. grains: Soy up on rebound after three-day slide

Sep. 15, 2016 at 6:29 pm CDT

Chicago | Reuters — U.S. soybean futures rose on Thursday, snapping a three-day slide on bargain buying and signs of fresh export demand, traders said. But corn and wheat futures fell, pressured by prospects for huge grain supplies as the U.S. autumn harvest got underway. At the Chicago Board of […]

By Julie Ingwersen

Russia may ban Egyptian citrus amid wheat dispute

Sep. 13, 2016 at 5:50 pm CDT

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 […]

By Eric Knecht Polina Devitt

Health ministry decision makes zero ergot Egypt’s new normal

Sep. 6, 2016 at 12:43 pm CDT

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 […]