Egypt's GASC is reviewing its current position with regard to French wheat moisture levels. It stipulates a maximum level of 13 percent but has allowed French wheat with up to 13.5 percent, provided there is a discount.

  Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Iran has decided to impose an import tariff of approximately $50/MT on both wheat and barley, effective immediately. This will only apply to private sector imports, while the government's will be entirely exempt. The tariff for wheat is set to continue until the end of 2016, and that for barley will expire 22 September 2015.Egypt began a test run of the newly expanded Suez Canal with three vessels running north and three headed south on Saturday. It will not of...