2/01/2016

Egypt rejected a French wheat shipment

Egypt rejected a French wheat shipment it said did not meet strict new import rules, rattling traders who said the move could drive up the cost of supplying the world's largest buyer and endanger its ability to provide its poorest citizens bread. The 63,000-tonne shipment arrived to Egypt in December and was initially rejected by agricultural quarantine for containing ergot, a common grains fungus.