Egypt's GASC Buys 180,000 Tons US Wheat For Delivery April 11-20

Egypt's state-owned wheat buyer, the General Authority for Supply Commodities, said Thursday it bought a total of 180,000 metric tons of U.S. wheat for shipment April 11-20.

GASC bought 60,000 tons of wheat for $259.00 a metric ton from Venus, according to a GASC official. The authority also bought two orders of 60,000 tons of wheat from Bunge Ltd. (BG) for $259.00/ton.

The following bids were made on Thursday afternoon:

Soufflet :

60,000 tons French wheat at $280.74/ton from two load ports.

Bunge:

Two shipments 60,000 tons of soft red winter wheat at $259.67/ton and $260.87/ton freight on board U.S. Gulf.

Louis Dreyfus and Co.:

60,000 tons soft red winter wheat at $271.82/ton freight on board from St Lawr. And 60,000 tons French wheat at $280.84/ton from two load ports.

Toepfer:

Two shipments of 60,000 tons soft red winter wheat at $262.84/ton U.S. Gulf and 60,000 tons French wheat at $282.87/ton from two load ports.

Granit:

60,000 tons French wheat at $275.90/ton from one load port.

Nidera:

60,000 tons French wheat at $282.77/ton from two load ports.

Glencore International PLC (0805.HK):

60,000 tons French wheat at $281.90/ton from two load ports.

In-Vivo:

60,000 tons French wheat at $284.90/ton from two load ports.

Venus:

60,000 tons soft red winter wheat at $259.00/ton freight on board Mississippi River.

Cargill:

60,000 tons soft red winter wheat at $262.54/ton freight on board Mississippi River and 60,000 tons French wheat at $272.89/ton from two load ports.

-By Matt Bradley, Dow Jones Newswires; [phone]; [e-mail]