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Egypt to double export duties on rice
Published July 5, 2009, 11:41 pm, AME Info
Egypt's trade ministry plans to double export duties on rice to LE2,000 ($358) per ton, the daily al Mal has reported. Egypt's trade ministry had informed companies which sell rice to the state's General Authority for Supply Commodities (GASC) of the increase, the council member has said.
MARKET TALK: Harvest Keeps US Wheat On Defensive
Published July 1, 2009, 10:32 am, INO News
1303 EDT [Dow Jones] - Harvest pressure is weighing on U.S. wheat futures as the markets extend losses after a sell-off Tuesday.
US Wheat Outlook: Seen Up 7c-10c In Recovery From Slide
Published July 1, 2009, 6:45 am, INO News
CHICAGO (Dow Jones)--U.S. wheat futures are expected to open higher Wednesday in a recovery from Tuesday's slide, but U.S. wheat remains too expensive to be competitive for business to Egypt, traders said.
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