Today, Thursday, October 13, 2022, saw an increase in wheat prices. The daybreak offered the last of today’s wheat prices, with the price of Russian wheat rising by 11.5% and the price of Ukrainian wheat rising by 11.5%.
Egyptian wheat prices today
11.5% of Russian wheat is protein.
Russian wheat cost 10,400 pounds per tonne, an increase of 11.5% by 50 pounds.
11.5% of Ukrainian wheat is protein.
The price of Ukrainian wheat rose 11. 5% by 50 pounds, bringing the price of tons at 10,400 pounds per ton.
Consumer pricing for wheat
Consumer wheat prices stabilised at 15 pounds per kilogramme.
A source confirmed that Dr. Ali Al -Moselhi, Minister of Supply and Internal Trade, was directed to allow the purchase of wheat by the Supply Commodities Authority for those who wish from 72% mills to produce pheno and tourism bread, and for bakery makers, sweets, and pasta at a price of 8700 pounds per ton, through progress Request for the Supply Commodities Authority.
Yesterday, Wednesday, during his meeting with the President of the Chamber of Grain Industry and its Derivatives, representatives of pasta factories, and representatives of 72%mills, and in the presence of the leaders of the Ministry of Supply, he announced that the ministry will also permit flour for pasta factories that operate in the food commodity system to purchase it from Saturday, which corresponds to 10/15/2022, at a cost of 10,000 pounds per tonne.
In light of the crises the world is experiencing, the lack of supply chains caused by the Russian-Ukrainian war, and the high prices of wheat around the world, the Minister of Supply and Internal Trade emphasised that these measures are intended to preserve the availability and stability of the free flour prices necessary for the manufacture of pheno and tourist bread as well as the pasta industry. Wheat futures prices rose globally during trading on Thursday, October 13 on the Chicago Commercial Stock Exchange.
Cost of wheat globally
The prices of wheat futures jumped at the beginning of trading today, Thursday, October 13, 2022, on the Chicago Commercial Stock Exchange, where the December of wheat trading increased by 2.
Bushl received 75 cents, totaling 885 cents.
The March 2023 wheat trading contract increased by 2. 75 cents, for the price of the term for 901. 75 cents per bushl, at the time of writing the news..
Today, Thursday, October 13, 2022, wheat prices in the Egyptian market.
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