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Thursday, October 6, 2022
Wheat stuck in Egypt ports as prices for the commodity spike
Egypt's traders and the nation's cereals chamber said the price of wheat and flour used to make unsubsidized bread has increased in Egypt, as importers struggle to pay for wheat stuck at ports due to a dollar shortage, Reuters reported.
Wednesday, September 14, 2022
Egypt state grains buyer approves replacement for detained Ukrainian wheat shipment
Egypt's General Authority for Supply Commodities (GASC) has agreed to decided to replace a detained Ukrainian wheat shipment with a new 60,000-tonne cargo from the same supplier, Olam, cost and freight price of US$361.25 per tonne, Reuters.
Thursday, September 8, 2022
Egypt in discussions to replace detained Ukrainian wheat shipment
Egypt is currently in discussions to replace a detained Ukrainian wheat shipment after talks to release the vessel carrying the cargo was unsuccessful, said two people with knowledge of the matter, Reuters reported.
Tuesday, September 6, 2022
Egypt switches to direct deals for wheat purchases
Traders said Egypt is in discussions to purchase wheat in direct deals instead of open tenders, a system that the Egyptian government said allows for more attractive prices following the conflict the Ukraine that has disrupted grain markets ...
Friday, July 8, 2022
Wheat reserves in Egypt sufficient for seven months
Egypt's Supply Minister Aly Moselhy said the country's strategic wheat reserves are sufficient for seven months, which is unprecedented in its history, Reuters reported.
Thursday, June 23, 2022
Egypt to buy 5 million tonnes of wheat
Ali Moselhi, Egypt's Minister of Supply, said the country needs to import 5 million tons of wheat for the fiscal year 2022/23, Al-Ahram reported.
Thursday, June 2, 2022
Egypt's General Authority for Supply Commodities to buy wheat in international tender
Egypt's General Authority for Supply Commodities (GASC), the state grains buyer, is looking to buy an indeterminate amount of wheat in an international purchasing tender, Reuters reported.
Thursday, May 19, 2022
About 300,000 tonnes of wheat booked by Egypt stuck in Ukraine
Four traders said about 300,000 tonnes of wheat booked by Egypt's state grains buyer General Authority For Supply Commodities (GASC) for shipment in February and March have not been exported, with one cargo stuck at port and four other carg ...
Wednesday, April 13, 2022
Egypt considers importing wheat from India
The Supply Ministry of Egypt is considering to add wheat from India to 16 other countries accepted by the state grains buyer, to supplement grain imports which have been disrupted by Russia's invasion into Ukraine, Reuters reported.
Wednesday, July 22, 2020
Egypt denies report on spoiled wheat imports
The cabinet media centre of Egypt rejected on Friday reports about importing spoiled wheat, Egypt Today reported.
Sunday, July 19, 2020
Egypt buys 3.5 million tonnes wheat on local buying season
Egypt's local wheat buying season had ended with a total of 3.5 million tonnes bought from farmers who were largely unaffected by COVID-19 disruptions, the government said on Tuesday, Reuters reported.
Saturday, July 11, 2020
Egypt's state tender sees lowest offer for Russian wheat
GTCS has presented the lowest offer for Russian wheat on Tuesday at an Egyptian state tender at US$205 per tonne, free-on-board (FOB), for 55,000 tonnes of the grain, according to traders, Reuters reported.
Friday, June 1, 2018
Egypt turns away Russian wheat shipment
Egypt, the world's largest wheat importer, has rejected a 63,000-tonne shipment of Russian wheat, claiming it contained excessive levels of the common grain fungus ergot, Reuters reported on Thursday, May 31.
Thursday, February 11, 2016
Egypt faces potential legal action from Bunge for rejecting wheat shipment
February 11, 2016 Egypt faces potential legal action from Bunge for rejecting wheat shipment Egypt's General Authority for Supply Commodities (GASC) is now facing possible legal actions from Bunge Ltd for denying a cargo of French wheat fro ...
Thursday, February 4, 2016
Europe's wheat futures hit lows despite Egyptian import restriction lifted
European wheat futures declined to fresh contract lows on February 3 after Egypt decides to permit wheat imports with up to 0.05% of grain fungus ergot, Reuters reported.
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