UPDATE: Egypt's GASC Buys 55,000 Metric Tons Of American Wheat For Delivery April 1-10

Egypt's state-owned wheat buyer, the General Authority for Supply Commodities, said Saturday it bought 55,000 metric tons of American wheat for shipment April 1-10 from Venus for $262 a ton.

The following bids were made Saturday afternoon:

Toepfer

Two shipments of 60,000 tons of soft red winter wheat at $265.93/ton and 60,000 tons of French wheat at $285.68/ton from two load ports.

Glencore International PLC (GLCNF, GLEN.LN, 0805.HK)

Two shipments of 60,000 tons of French wheat at $283.45/ton and $285.85/ton, from two load ports and 60,000 tons of Russian wheat at $292.75/ton.

Soufflet

60,000 tons of French wheat at $288.44/ton from two load ports.

In-Vivo

60,000 tons of French wheat at $287.29/ton from two load ports.

Dreyfus

60,000 tons of French wheat at $287.44/ton from two load ports.

Bunge (BG)

60,000 tons of soft red winter wheat at $266.87/ton from the US Gulf.

Nidera

60,000 tons of French wheat at $287.50/ton from two load ports and 60,000 tons of soft red winter wheat at $272.98/ton from the US Gulf.

Venus

55,000 tons of soft red winter wheat at $262.00/ton Norfolk East coast.

Cargill

60,000 tons of soft red winter wheat at $270.64/ton and 60,000 tons of Argentinian wheat at $275.50/ton from two load ports and 60,000 tons of French wheat at $284.89/ton from two load ports.

-By Matt Bradley, Dow Jones Newswires, 20188750572

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