Egypt Signs Contracts for Supply of 500,000 Tons of Wheat from the Black Sea Region
The Egyptian state agency Mostakbal Misr, responsible for grain imports, has signed contracts to purchase approximately 500,000 tons of wheat from countries in the Black Sea region for delivery in December and January. This information has been confirmed by sources familiar with the details of the agreements.
This is reported by AgroReview
Details of Wheat Purchases for Egypt
According to available information, under these contracts, Egypt plans to receive 200,000 tons of wheat from Russia, 150,000 tons from Bulgaria, and over 130,000 tons from Ukraine. In addition, the Mostakbal Misr agency continues negotiations for the additional purchase of around 500,000 tons of grain from other countries. A corresponding agreement is expected to be reached in early December.
“The Egyptian state agency Mostakbal Misr, responsible for grain imports, has contracted approximately half a million tons of wheat from Black Sea countries for delivery in December and January. This was reported by a Bloomberg source familiar with the progress of the agreements.”
Market Status and Import Prospects
Egypt remains the largest wheat importer in the world. Its purchases are closely monitored in the global market as a key indicator of demand and the competitiveness of leading exporters. The U.S. Department of Agriculture forecasts that in the current season, wheat imports to Egypt could reach a record 13 million tons.
In October, Egypt already made significant purchases, acquiring around one million tons of wheat, including from the Black Sea region, as well as from France and Kazakhstan. Deliveries under these contracts are expected to occur by early December.
At the end of last year, the Mostakbal Misr agency took on the responsibilities of the state importer, replacing the General Authority for Supply of Agricultural Products (GASC). According to the latest data, the available wheat stocks in Egypt will be sufficient until the end of February 2026.