Egypt Buys 240,000 Tons of Canadian, French Wheat
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Egypt, the world’s biggest wheat importer, agreed to buy 240,000 metric tons of the grain grown in France and Canada at a tender.
The state-run General Authority for Supply Commodities purchased a 60,000-ton cargo of Canadian wheat from Nidera Inc. at $280 a ton, Vice Chairman Nomani Nomani said today in Cairo. It bought two cargoes of French grain of equal size from Glencore International AG for $289.78 a ton and $291.32 a ton and a third from Granit, also at $291.32.