Egypt Rejects Another Wheat Cargo Amid Fungus Confusion
- Rejection comes as Egypt is expected to clarify ergot stance
- Market had been roiled this year after ships turned away
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Egypt has rejected another wheat cargo, just as the government looked set to end confusion over how much of the fungus known as ergot would be allowed in imports.
The biggest wheat buyer turned away a 33,000-metric-ton cargo of U.S. wheat from Venus International on June 13 after finding ergot, the company’s Chairman Mohamed Abdel Fadil said by phone. Egypt made similar rejections earlier this year of French, Canadian and Polish cargoes containing the naturally occurring fungus.