Government backed down on import rules after trader boycott.
Egypt’s flip-flopping on wheat rules hampering shipments.
Egypt, the world’s biggest wheat buyer, issued a final rejection of a cargo of U.S. grain that the government said contains ergot fungus at levels exceeding internationally acceptable standards.
Egypt bought 180,000 tons of wheat from the Black Sea region in this season’s first tender as traders refrained from offering French grain amid concern about this year’s crop quality.
Egypt looks set for another season of expensive grain.
While Egypt’s quality and standards organization uses one rule for the common ergot fungus -- a globally accepted 0.05 percent set out in 2010 legislation -- the agriculture ministry in
Egypt rejected a cargo of Canadian wheat for a second time due to a dispute over the level of ergot fungus, deepening a standoff with traders now reluctant to sell