ETHIOPIA CUTS WHEAT PURCHASE TENDER TO 400,000 TONNES
(Business Recorder)- HAMBURG: The Ethiopian government’s purchasing agency has reduced an international tender for milling wheat to 400,000 tonnes from 720,000 tonnes previously announced, European traders said on Friday.
The tender from the Public Procurement and Property Disposal Service (PPPDS) still closes on Feb. 3, they said. The wheat is now sought in three consignments.
The first of 133,334 tonnes is scheduled for March delivery, the second of 133,334 tonnes is for April delivery and the third of 133,332 tonnes is scheduled for May.
The United Nations’ Food and Agriculture Organisation warned in December that close to 12 million people across Ethiopia, Kenya and Somalia are in need of food assistance as farmers struggle with the knock-on effects of repeated droughts in the region.
Ethiopia made a series of very large wheat purchases between October 2015 and April 2016 after drought damaged crops.