Egypt's GASC cancels wheat tender on ergot policy

Cairo – Mubasher: Egypt's General Authority for Supply Commodities (GASC) cancelled a wheat tender after receiving a single bid from the privately owned Egyptian grain importer Venus, according to a statement on Wednesday.

Suppliers' non-bidding came after the authority applied zero tolerance policy on ergot fungus in imported wheat.

Earlier, the agricultural ministry announced accepting wheat imports containing 0.05% of the fungus, which is the international standard set by the FAO.

Yet under this latest decision, the world's biggest wheat importer will only apply strict policies for buying zero-ergot grains, the statement revealed. 

Mubasher Contribution Time: 01-Sep-2016 07:39 (GMT)
Mubasher Last Update Time: 01-Sep-2016 07:39 (GMT)