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US exporters sell 180,000 tonnes wheat to Egypt
WASHINGTON ,Private exporters confirmed sales of 180,000 tonnes of US wheat to Egypt for delivery during the 2003/04 marketing year, the US Agriculture Department said on Tuesday.
The Egypt sales, reported under USDA's rules for large daily export sales, are part of the 300,000 tonnes of US soft wheat that Egypt's main official buyer, the General Authority for Supply Commodities (GASC), purchased in a snap tender on Saturday, exporters said.
Under basic rules for large export sales, exporters must report any US or optional origin export sales activity of at least 100,000 tonnes - except 20,000 tonnes or more for soybean oil - made in a single day to a single destination by the following business day.
Sales of smaller quantities must be reported weekly.
Egypt's GASC said on Saturday it had bought the following: 60,000 tonnes soft red winter (SRW) wheat from Cenex Harvest States at $118.74 per tonne, for shipment July 20-31; 120,000 T of SRW wheat from Toepfer at $120.27/T, for Aug. 1-15; 60,000 T of soft white (SW) wheat from Cargill at $130.36/T, for July 20-31; 60,000 T of SW wheat from Toepfer at $129.59/T, for shipment Aug. 1-15.
USDA on Tuesday said that exporters had as required under the daily rules reported sales of 120,000 tonnes of soft red winter wheat and 60,000 tonnes of soft white wheat.
MGR Archive 2.7.2003
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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