Egypt purchased about 500 thsd tons of wheat from the Black Sea region

The agency is also in talks to purchase another 500,000 tons of wheat from various origins, with an agreement expected to be reached by early December. Egypt remains the world’s largest wheat importer, and its purchases are closely watched as indicators of global demand and competitiveness among suppliers. The U.S. Department of Agriculture forecasts Egypt’s wheat imports will reach a record 13 million tons this season. The North African nation has already been on a buying spree. In October, Egypt purchased about 1 million tons of wheat sourced from Black Sea countries, as well as from France and Kazakhstan. Deliveries are expected through early December. Mostakbal Misr took over responsibility for government wheat ...