Tender Update 04.08.2026

🇰🇷 South Korean milling group buys about 50,000 tonnes of U.S. wheat

A group of South Korean flour mills purchased an estimated 50,000 tonnes of milling wheat from the United States in an international tender, according to European traders.

📌 Key details:

• Buyer: group of South Korean flour mills
• Commodity: milling wheat
• Volume: about 50,000 tonnes
• Origin: United States
• Seller: reportedly United Grain Corporation
• Pricing basis: FOB
• Shipment period: December 1–31

🌾 Wheat types and reported prices:

• Soft white wheat, 9.5–11% protein: mid-$260s/tonne FOB
• Hard red winter wheat, minimum 11.5% protein: low-$320s/tonne FOB
• Dark northern spring wheat, minimum 14% protein: low-$320s/tonne FOB

The purchase covered several wheat classes required by South Korean flour mills for shipment during December.

🇩🇿 Algeria tenders for a nominal 50,000 tonnes of soft milling wheat

Algeria’s state grain agency OAIC issued an international tender to purchase soft milling wheat from optional origins, according to European traders.

📌 Key details:

• Buyer: OAIC, Algeria
• Commodity: soft milling wheat
• Nominal volume: 50,000 tonnes
• Origin: optional origins
• Price offer deadline: August 5
• Offer validity: until August 6

🚢 Shipment periods from main supply regions, including Europe:

• September 15–30
• October 1–15
• October 16–31

For wheat sourced from South America or Australia, shipment is required one month earlier.

Although the tender seeks a nominal 50,000 tonnes, Algeria frequently purchases substantially larger volumes than initially announced.

Algeria remains a major destination for European wheat, particularly from France, although suppliers from Russia and other Black Sea origins have expanded their position in the market. French wheat has been absent from recent tenders amid political tensions between France and Algeria.

🇯🇴 Jordan makes no purchase in 120,000-tonne wheat tender

Jordan’s state grain buyer is believed to have made no purchase in an international tender for 120,000 tonnes of milling wheat, according to European traders.

📌 Key details:

• Buyer: Jordan’s state grain buyer
• Commodity: milling wheat
• Volume sought: 120,000 tonnes
• Result: no purchase reported
• Participants: Bunge and Aston

A new wheat tender is expected to be issued in the coming days, with the deadline for price offers anticipated on August 11.

The new tender is expected to seek shipment during the full month of September and the full month of October.

Traders said uncertainty over Black Sea exports, following recent attacks on grain ships and port infrastructure, likely reduced participation in the tender.

Reports reflect assessments from traders, and further estimates of prices and volumes remain possible.