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Egypt may extend tolerance for higher moisture French wheat beyond

Egypt's GASC has so far not purchased any French wheat in the financial year 2015/2016 which started July 1.
28.07.15 | Source: Business Recorder

Egypt's state grain buyer the General Authority for Supply Commodities (GASC) is studying an extension of the decision to accept French wheat with higher moisture levels beyond the end of August, the state news agency MENA reported on Sunday. Egypt, one of the world's largest wheat importers, has been accepting French wheat with a moisture level of up to 13.5 percent in its tenders with a penalty paid by traders.

GASC began accepting wheat with elevated moisture levels a year ago having previously set a 13 percent limit. The higher moisture levels in the wheat affect the amount of flour extracted from it. Mamdouh Abdel Fattah, the vice chairman of GASC, told the agency an extension of the exemption was being considered to diversify the origins of wheat that Egypt imports.