GASC began accepting wheat with elevated moisture levels a year ago having previously set a 13 percent limit. The higher moisture levels in the wheat affect the amount of flour extracted from it. Mamdouh Abdel Fattah, the vice chairman of GASC, told the agency an extension of the exemption was being considered to diversify the origins of wheat that Egypt imports.
Egypt exerts a strong influence over the global wheat market with imports of 10 million tonnes per year, split more or less equally between the GASC and private importers. France is one of Egypt's most important wheat suppliers but had struggled to meet the more stringent moisture limits imposed by GASC.
Egypt's GASC has so far not purchased any French wheat in the financial year 2015/2016 which started July 1.
In the previous year, it imported 1.040 million tonnes of French wheat.