Egypt Tendering For Wheat

Egypt are tendering for wheat for the first time since April, and also the first tender since Russian, Ukrainian and Australian wheat where all impounded by customs officials over quality issues.

At least if they don't buy UK wheat they can't have a problem with our quality can they!

The state-owned wheat buyer GASC is shopping for two cargoes of wheat, the first is 55-60,000 MT of U.S. North Pacific soft white wheat, US hard red wheat, US soft red winter wheat, French milling wheat, Australian standard white wheat, Australian hard wheat, German milling wheat, Canadian soft wheat, Argentine bread wheat and/or Kazakhstan milling wheat.

They are also in the market for 30,000 to 60,000 MT of Russian soft milling wheat, Ukrainian soft milling wheat, French milling wheat, UK milling wheat, or Syrian milling wheat.

Both lots are for shipment July 11-20 with quotes on a free-on-board basis, with a separate freight offer.

It will be very interesting to see who offers what, and which way the tender goes in light of the recent spats.