Following last week’s boycott of an Egyptian wheat tender by commodity traders, the markets will keep a close eye on offers and results of tenders this week from Egypt. Pro Farmers First Thing Today reports Egypt’s General Authority for Supply Commodities said the country will accept wheat shipments with up to .05 percent ergot contamination, the official level set by Egyptian policy. The country quietly shifted to a zero tolerance policy within the last month, rejecting shipments that fell within the regulation. Egypt was forced to cancel a tender due to a lack of offers last week and uncertainty about the country's ergot policy. The next day, the country's ag ministry said it would allow imports with up to .05 percent ergot, a shift from its previous zero-tolerance stance. Egypt is one of the world’s top buyers of wheat, largely because of a national bread feeding program.
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