Wedoany.com Report-Jun 4, Mostakbal Misr, Egypt’s state grain purchasing authority, acquired 180,000 metric tons of French wheat from two prominent European traders in April 2025, signaling growing trust from global suppliers in the agency. The transaction, conducted privately, involved three 60,000-metric-ton shipments, with two supplied by one trader and one by another. However, delivery of these shipments is currently facing delays.

This purchase marks a significant milestone for Mostakbal Misr, as it directly secured wheat for Egypt’s extensive bread subsidy program, a critical component of the country’s food security strategy. Historically, international suppliers have been hesitant to engage with the agency due to its relatively new presence in the market. The successful deal reflects increasing confidence in its operations.

Ahmed Moussa, a senior official at Mostakbal Misr, stated: “This agreement represents a step forward in strengthening our relationships with global suppliers. We are committed to ensuring a steady supply of wheat to support Egypt’s food needs.” The deal’s completion underscores the agency’s efforts to establish itself as a reliable partner in the global grain trade.

The wheat, sourced from France, a major grain exporter, will contribute to Egypt’s efforts to maintain stable bread production for its population. The transaction highlights the importance of international trade relationships in meeting domestic consumption demands, particularly for subsidized food programs. While import delays pose a challenge, Mostakbal Misr is working to address logistical issues to ensure timely delivery.

Egypt’s reliance on wheat imports remains crucial, as the country is one of the world’s largest wheat consumers. The agreement with European traders demonstrates Mostakbal Misr’s growing capacity to navigate the global market and secure essential supplies, supporting the nation’s food security objectives.