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Egypt's GASC Buys 180,000 Tons Russian Wheat

CAIRO -(Dow Jones)- Egypt's state-owned wheat buyer, the General Authority for Supply Commodities, Thursday said it bought a total of 180,000 metric tons of Russian wheat. Of the total, GASC bought 60,000 tons of Russian wheat from Aston Agro at $245.59/ton and 60,000 tons of Russian wheat from Bunge at $246.60/ton. GASC also purchased 60,000 tons of Russian wheat from Nidera at $247.25/ton. All shipments add $17 freight from EgyBulk. The wheat is for shipment Aug. 11-20. Here is the breakdown of bids: Glencore: 60,000 tons Russian wheat at $256.00/ton In-Vivo: 60,000 tons French wheat at $288.40/ton at one load port Toepfer: 2 60,000 ton shipments soft red winter wheat at $285.20/ton freight on board US Gulf Nidera: 55,000 tons soft red winter wheat at $299.95/ton at one or two load ports freight on board St Lawr and 60,000 tons Russian wheat at $249.95/ton freight on board Novo. Allegrow: 60,000 tons Russian wheat at $257.00/ton. Dreyfus: 60,000 tons Russian wheat at $253.74/ton and 60,000 tons French wheat at $289.74/ton at one or two load ports. Viterra: 60,000 tons French wheat at $279/ton at two load ports. Soufflet: 60,000 tons French wheat at $281.80/ton at two load ports Bunge: 60,000 tons Russian wheat at $247.50/ton. Aston: 60,000 tons Russian wheat at $245.59/ton + 18.25 French wheat Venus: 60,000 tons soft red winter wheat at $280.00/ton freight on board US Gulf Granit: 60,000 tons French wheat at $284.80/ton at one load port. Cargill: 60,000 tons Russian wheat at $249.80/ton. -By Matt Bradley, Dow Jones Newswires; +20188750572; matt.bradley@dowjones.com

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