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Egypt's GASC buys 55,000 tonnes of US wheat

Reuters, Saturday 20 Sep 2014
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Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said on Saturday it had bought 55,000 tonnes of U.S. soft red winter wheat in a tender for shipment October 21-31.

The wheat was purchased from Ameropa at the price of 244.22 a tonne, on a cost and freight basis, GASC Vice Chairman Mamdouh Abdel Fattah said.

Traders said the free-on-board price was $222.22 a tonne and the freight was $22 a tonne.

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