The office worked in the country for 40 years. The reason for the closure was the lack of competitiveness of us wheat to Egypt due to the high rates of sea freight. While Arab Republic in recent years has almost fully deployed its market in Russia and other black sea countries.

Fully, the organization will close its office on December 1 of this year. However, she will switch to other more promising for grain exports from the United States markets are China and other Asian countries, and the countries of South America. The markets of Egypt, Republic of Iraq and Algeria and the Kingdom of Morocco will now oversee the offices of Rotterdam and Casablanca.

In the 2012-13 marketing year, the country holds the fifth place in importance for the entire us wheat and the second for soft wheat SRW. In the past marketing year (July 2016) the importance of Egypt for U.S. wheat dropped to the 37th position.

The last time the state grain company of Egypt, purchased several dozen tons of us wheat at tender in may this year. Prior to this auction for the purchase of grain from the United States was held in February of 2015.

Photo: moltrans.com