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Egypt extends wheat moisture level requirement by one year

Egypt, the world’s largest wheat buyer, has extended by one year, to April 2023, its imported wheat moisture limit specifications, as part of a plan to diversify its sources of supply, the trade ministry said on Tuesday in a statement.

Moisture should not exceed of 13.5% of the weight of wheat shipments, the ministry said, adding the decision should allow the country to diversify its import origins. The tolerance of moisture content is normally 13% in Egypt.

The Russian invasion of Ukraine has disrupted international grain markets, prompting Egypt on Monday to cancel a second wheat import tender.

Ukraine and Russia are among Egypt main grain suppliers, alongside the United States, Canada, Australia, France, Germany, Poland, Argentina, Kazakhstan, Paraguay, Hungary, Romania, Bulgaria and Serbia.
Source: Reuters (Reporting by Ahmed Ismail, writing by Maher Chmaytelli; editing by Jason Neely)

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