On February 22, 2017, Egypt’s State Company GASC Purchased 360,000 Tons Of Russian And Ukrainian Wheat (Updated)

On February 22, 2017, Egypt’s State Company GASC purchased 360,000 tons of milling wheat from Ukraine and Russia to be delivered between March 25 and April 4, 2017.

Transactions were as follows:

- Cargill 60,000 tons of Russian wheat at 196.5 USD/ton FOB + freight 11.25 USD/ton, a total of 207.75 USD/ton C & F.


- Louis Dreyfus 60,000 tons of Ukrainian wheat at 195.90 USD/ton FOB + freight 12.55 USD/ton, a total of 208.45 US /ton C & F and 60,000 tons of Russian wheat at 195.95 USD/ton + freight 11.25 USD/ton, a total of 208.2 USD/ton C & F.


- Olam 60,000 tons of Russian wheat at 197.00 USD/ton FOB + freight 11.25 USD/ton, a total of 208.25 USD/ton C & F.


- Midgulf 60,000 tons of Russian wheat at 198.25 USD/ton FOB + freight 10.85 US/ton, a total of 209.10 USD/ton C & F.


- ADM 60,000 tons of Russian wheat at 199.30 USD/ton FOB + freight 10.85 USD/ton, a total of 210.15 USD/ton C & F.