Egypt has been looking to other sources to satisfy its wheat
Full details
Authors & editors | |
Publisher | Milling & Grain |
Year of publication | 2022 August |
Languages | |
Medium | Digital |
Edition | 1 |
Topics | Economics & commerce > Cereal products |
Tags | |
Scope & content | By Dr Mahmoud Riyad, Secretary-General, Egyptian Milling Association, Egypt Egypt's General Authority for Supply Commodities (GASC), the country's grains buyer, announced on July 17 a tender for an unspecified amount of wheat from the United States, Canada, Australia, Argentina and Brazil. With shipments from Ukraine – traditionally one of Egypt’s largest wheat suppliers – severely limited because of its war with Russia, Egypt has been aggressively looking to other sources to satisfy its wheat needs. In recent weeks, GASC has contracted 1.28 million tonnes of wheat from France, Romania, Russia and Bulgaria, which are scheduled to be shipped to Egypt from July through October. It also has inked trade deals with India, which would have been an unlikely source for imports in years past. Egyptian officials have indicated that the country needs to import at least five million tonnes of wheat in the 2022-23 marketing year…Read more. |