Black Sea wheat displacing Australian shipments to Egypt

Shipments of Australian wheat to Egypt in the season ending 30 September of this year recorded only 145.8k tonnes, The Weekly Times reports. “Egyptian imports of Australian wheat peaked at 2.76 mn tonnes in 2003-04 and shipments ranged from 245,000 tonnes to 1.47 mn tonnes since then… CBH Group’s general manager of marketing and trading Jason Craig said Australian wheat was no longer competitive for the Egyptian and Tanzanian markets, with Black Sea countries — Russia, Kazakhstan and the Ukraine — providing much cheaper grain.”