Egypt buys 815k tons of wheat
- Date: 04-Jul-2022
- Source: Zawya
- Sector:Agriculture
- Country:Egypt
Egypt buys 815k tons of wheat
Egypt has bought 815,000 tons of wheat, the largest amount in a single purchase since 2012, Bloomberg reported on June 30th.
France represented the lion’s share of the recent tender, which took place following a drop in grain prices, according to Bloomberg.
The tender included orders over a three-month span, instead of the usual shorter spans of a few weeks.
On June 26th, Minister of Supply and Internal Trade Ali El-Moselhi said that Egypt is seeking to import 10 million tons of wheat during the next six months.
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