This was above the 655,000 tons sought in the tender.
The Facility is initially guaranteed by Olam Group which will be assumed by Olam Agri upon demerger.
Farmers will retain full freedom to choose between GM, hybrid, improved, or indigenous seed varieties.
Global wheat production was forecast to outpace consumption, leading to an increase in world wheat ending stocks.
GTA continues to operate as a non-political, member-driven body.