CAIRO — Egypt's state grains buyer is believed to have bought 175,000 tons of Ukrainian wheat through private talks with suppliers. Trading sources told media outlets Nov. 25 that the new wheat shipments include the General Authority for Supply Commodities' first purchases since the outbreak of Russia's war on Ukraine in February.
A source from the Egyptian Ministry of Supply and Internal Trade, who declined to be named, told Al-Monitor, “The ministry aims to import about 1 million tons of wheat by mid-2023, to increase its strategic wheat reserve and meet the needs of local bakeries and the private sector.”