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Traders wary as Egypt takes fungus-free stance on wheat
Published Tue, Jun 14, 2016 · 09:50 PM
London
EGYPT looks set for another season of expensive grain.
Traders are casting a wary eye on the largest wheat importer after it again turned away cargoes because of fungus in shipments. Many boycotted Egypt's international tenders earlier this year after similar rejections, and conflicting statements on what level of the naturally occurring ergot fungus it allowed.
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