Egypt's GASC seeking wheat for Dec 1-10 and/or Dec 11-20

Tenders should reach GASC by noon (1000 GMT) on Friday

  
Bundles of wheat are pictured as farmers work in a field in the Gharbia Governorate, as Egypt ramps up efforts to slow the spread of the coronavirus disease (COVID-19), Egypt May 14, 2020.

Bundles of wheat are pictured as farmers work in a field in the Gharbia Governorate, as Egypt ramps up efforts to slow the spread of the coronavirus disease (COVID-19), Egypt May 14, 2020.

REUTERS/Mohamed Abd El Ghany

CAIRO - Egypt's General Authority for Supply Commodities (GASC) set a tender on Thursday to buy an unspecified amount of wheat from global suppliers for shipment Dec. 1-10 and/or Dec. 11-20.

GASC Vice Chairman Ahmed Youssef said the authority was seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine, Romania, Bulgaria, Hungary, Paraguay and Serbia.

Tenders should reach GASC by noon (1000 GMT) on Friday. The results should come out after 3:30 p.m. (1330 GMT) on the same day. GASC said it will pay for the grain using letters of credit that guarantee payment within 180 days.

In its last international wheat tender on Sept. 22, GASC bought 405,000 tonnes of Russian wheat for shipment Nov. 21-30.

For the current tender, GASC is seeking to buy 55,000- to 60,000-tonne cargoes of the following:

U.S. North Pacific soft white wheat;

U.S. hard red winter wheat;

U.S. soft red winter wheat;

Russian milling wheat;

Ukrainian milling wheat, and

Australian standard white wheat.

GASC is also seeking 60,000-tonne cargoes of the following:

Canadian soft wheat;

French milling wheat;

German milling wheat;

Argentine bread wheat;

Polish milling wheat;

Kazakh milling wheat;

Romanian milling wheat;

Bulgarian milling wheat;

Serbian milling wheat;

Hungarian milling wheat, and

Paraguayan milling wheat.

(Reporting by Nadine Awadalla in Cairo; writing by Julie Ingwersen in Chicago; editing by Chris Reese and Marguerita Choy) ((Julie.ingwersen@thomsonreuters.com; 1-313-484-5283; Reuters Messaging: julie.ingwersen.thomsonreuters.com@reuters.net))

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