Egypt in talks with lender to ease cotton ‘crisis’

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Egypt’s government is locked with bankers over $500m in financing for the country’s cotton growers, and help resolve a "crisis" evident in a 90% collapse in exports, and which is confronting both traders and farmers will losses. Agriculture ministry officials are in talks with the state-owned Principal Bank for Development and Agricultural Credit, Egypt’s main…


Overlimit insecticide found in pepper and strawberry from Egypt; ban likely

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JEDDAH: Saudi Arabia is likely to ban the import of Egyptian green peppers and strawberries after they were found with insecticides exceeding permissible limits. Saudi authorities have sent letters to the Egyptian ambassador in the Kingdom and the Egyptian Agriculture Ministry informing them of the possible ban on the imports of the two products. Official…


Kazakhs defy sceptics by winning Egypt wheat order

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Kazakhstan has, for the first time since last year’s drought-hit harvest, won a wheat order from Egypt, defying expectations that it would be sidelined from export markets by Russia and Ukraine. Egypt’s state grain importer, the General Authority for Supply Commodities, bought 120,000 tonnes of Kazakh wheat after its latest tender, at $291 a tonne.…


Romania exports 60,000 tons of wheat to Egypt

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BUCHAREST (Commodity Online) : World’s largest Wheat buyer Egypt purchased 60,000 tons of wheat from Romania. According to Egypt’s General Authority for Supply Commodities (GASC), it has bought 60,000 tons of Romanian wheat from Ameropa company at $278 per tone. The total acquisition amounts to $16.6 million, and the wheat deliveries will take place from…


‘Aggressive’ bid wins Romania wheat sale to Egypt

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Romania gained a foothold in the 10m-tonne-a-year business for supplying Egypt with wheat as higher prices of Russia-based supplies eroded their competitive advantage. Russia won 180,000 tonnes of the 240,000 tonnes that Egypt’s state grain buyer, the General Authority for Supply Commodities (Gasc), purchased after its third tender in 10 days. The award took to…


Thriving Russia wheat traders win third Egypt sale

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Russia reasserted its dominance at Egyptian wheat tenders, winning its third clean sweep in a row, despite some improvement in offers for French grain – in a deal which implied ever fatter profits for merchants. Egypt, the world’s top wheat buyer, revealed that, at its third tender this month, it had bought 120,000 tonnes of…


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