U.S. Wheat Associates announced it would close its office located in Cairo, Egypt in December.
U.S. Wheat President Vince Peterson called the decision “difficult.” However, he said the organization saw a need to begin adjusting its activities in the Middle East and North Africa several years ago as the supply of significantly lower-priced wheat from Russia increased. The organization previously eliminated a Cairo-based marketing position in 2014.
Peterson noted that U.S. Wheat would continue to provide trade service to government wheat buyers in Egypt, Iraq, Saudi Arabia and other countries in the region on a targeted basis.
U.S. Wheat is the export market development organization for the U.S. wheat industry with funding from 17 state wheat commissions and USDA’s Foreign Agricultural Service.
From the National Association of Farm Broadcasting News Service.