Egypt buys most expensive wheat in four years, Russia left out

State grain buyer GASC purchased 120,000 tonnes of wheat at the highest prices in four years during an international tender on Thursday for delivery between 11 and 20 February, according to Reuters. This was the first time in six months that Egypt did not purchase Russian wheat, the newswire highlighted, attributing the move to its high price this season. GASC purchased 60,000 tonnes of Ukrainian wheat and 60,000 tonnes of Romanian wheat, with the lowest price offered by Louis Dreyfus at USD 263.70 per tonne of Ukrainian wheat.