Egypt's state-owned wheat buyer purchases 180,000 tonnes of U.S. wheat for shipment April 11-20

Nevin Barich

Nevin Barich

Feb 16, 2012 – Industry Intelligence

LOS ANGELES , February 16, 2012 () – The General Authority for Supply Commodities (GASC) — Egypt’s state-owned wheat buyer — has purchased 180,000 tonnes of U.S. wheat for shipment April 11-20, Dow Jones Newswires reported Feb. 15.

According to an official, the GASC bought 60,000 tonnes of wheat from Venus for US$259 a ton, and also bought two orders of 60,000 tonnes from Bunge Ltd. for $259 a tonne.

The primary source of this article is Dow Jones Newswires, New York, New York, on Feb. 15, 2012.

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