Egypt Buys a Record Amount of Russia’s Bumper Wheat Crop
- Egypt’s state-run buyer bought 530,000 tons on Tuesday
- Russia’s big harvest is crowding out rivals this season
Harvested wheat grain is loaded into a truck during the summer harvest on a farm in Krasnodar, Russia.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
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Egypt scooped up a record amount of Russian wheat Tuesday as a near-record harvest helps the Black Sea nation’s grain expand its dominance over rival suppliers.