Egypt’s GASC bought another 120,000 tons of Romanian wheat

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Egypt’s General Authority for Supply Commodities (GASC) bought Saturday some 120,000 tons of Romanian wheat for the shipment from July 10-20.

Uncertainty over Egypt’s policy on allowable levels of the common grain fungus ergot in shipments may limit the number of grain offers as exporters may fear rejection of cargoes.

An Egyptian court has decided to reinstate a zero tolerance policy on common grain fungus ergot and a formal ruling is expected on June 13, lawyers on the case told Reuters this week. An agriculture ministry spokesman said the inspection system and permitted level of ergot remained unchanged.

The amount of Romanian wheat is part of a 360,000 tons of wheat tender, including 240,000 tons of Russian wheat, continuing the dominance of Black Sea-origin wheat, which made up the lion’s share of purchases in last year’s state tenders.

Just recently, Egypt bought another 60,000 tons of Romanian wheat origin in an international purchase tender for 180,000 tons of wheat, including 120,000 tons of Russian wheat, beating out the U.S. offer.

Last March, Romania exported 627 KMT of wheat, 64 percent higher than the record achieved in March last year (383 KMT), UkrAgroConsult reported.

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