# Inspection battle threatens Egypt's wheat supply

> Egyptian wheat purchases are being slowed by an inspection dispute, with suppliers adding premiums of up to $500,000 per cargo to cover risks. Egypt expects to buy about 7 million tonnes of wheat in the fiscal year that began in July.

- Date: 2017-10-17 · published 2017-10-17T12:00:00.000Z
- Category: trade · region Egypt · magnitude medium
- Page: https://feedsoft.ai/events/68363-inspection-battle-threatens-egypt-s-wheat-supply
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher cargo premiums raise the effective cost of wheat for Egypt's state buyer and add millions to the food subsidy bill. Delays or added costs can tighten near-term import demand and support wheat offers from alternative origins.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-02-21 | [Egypt's GASC Buys 120,000 Tonnes Wheat In Tender](https://feedsoft.ai/events/66400-egypt-s-gasc-buys-120-000-tonnes-wheat-in-tender.md) | +0.4% | +1.2% |
| WHEAT | 2017-09-20 | [Egypt overpaid for wheat against the background of a reduction in the number of sellers](https://feedsoft.ai/events/68845-egypt-overpaid-for-wheat-against-the-background-of-a-reduction-in-the-number-of.md) | -6.6% | +3.5% |
| WHEAT | 2022-02-27 | [Ukraine Port Closure Threatens Global Crop Supply](https://feedsoft.ai/events/42612-ukraine-port-closure-threatens-global-crop-supply.md) | +12.1% | +26.0% |
| WHEAT | 2018-11-23 | [The Egyptian tender has significantly supported the price of wheat](https://feedsoft.ai/events/61955-the-egyptian-tender-has-significantly-supported-the-price-of-wheat.md) | -0.9% | +3.4% |
| WHEAT | 2019-06-12 | [Egypt's GASC receives offers in wheat tender \| Amwal Al Ghad](https://feedsoft.ai/events/58489-egypt-s-gasc-receives-offers-in-wheat-tender-amwal-al-ghad.md) | -5.3% | -8.6% |

## Sources

- reuters.com: https://www.reuters.com/article/idUSKBN1CM10N/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.