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Port data indicates that a ship is expected to arrive in French ports to load wheat bound for Egypt.

Port data confirmed that a ship will arrive in La Pallice, Western France, on June 21, to load 60,000 metric tonnes of wheat bound for Egypt. This confirms a part of the sale announced earlier this month.

Mostakbal misr confirmed that two ships are on their way to France and another one is expected "very soon".

Trading sources said that Egypt's state grain buyer Mostakbal Misr had agreed to purchase about 180,000 tonnes of French wheat in April from two major European traders. However, they warned of delays with the delivery of these cargoes.

Mostakbal Misr said that it was also pursuing efforts to diversify the origins of wheat, including by sourcing wheat from Australia.

(source: Reuters)