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Unapproved GMO wheat find in US threatens exports, stokes consumer fear
date:May 31, 2013
needed. This is not necessarily the case for Egypt which is in a difficult financial situation, a European trader said.

BUYERS CAUTIOUS

China has emerged as a key buyer of U.S. wheat this year, taking around 1.5 million tonnes in the past two months. Chinese purchases in the year to June 2014 are estimated to rise 21 percent to 3.5 million tonnes, according to the USDA, with most shipments coming from the United States, Australia and Canada.

The Philippines, which buys about 4 million tonnes

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