The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Friday, October 23, bought 165,000 MT of wheat from Russia (payment within 180 days):

  • for December 1-10 shipment:
    • 55,000 MT of Russian wheat from Louis Dreyfus at 277.87 $/mt c&f (262.97 fob+14.9 freight);
  • for December 11-20 shipment:
    • 55,000 MT of Russian wheat from Louis Dreyfus at 278.87 $/mt c&f (263.97 fob+14.9 freight);
    • 55,000 MT of Russian wheat from ADM at 278.87 $/mt c&f (263.97 fob+14.9 freight).

GASC has bought so far a total 3,744,000 MT of wheat (3,094,000 MT from Russia, 530,000 MT from Ukraine, 60,000 MT from Romania and 60,000 MT from Poland) for supply in 2020/21 (July-June)