Tender Update 13.10.2026

Tender Update 13.10.2026
Algeria purchased around 600,000 tonnes of wheat, Jordan made no purchase, while South Korea’s FLC and NOFI secured major feed corn volumes.🇯🇴 Jordan Makes No Purchase In 120,000-Tonne Wheat Tender
Jordan’s state grain buyer is believed to have made no purchase in its international tender for 120,000 tonnes of milling wheat, which closed on October 13, according to European traders.
📌 Key details:
- Buyer: Jordan’s state grain buyer
- Commodity: milling wheat
- Tender volume: 120,000 tonnes
- Result: no purchase reported
- Participants: Cargill and Buildcom
- Consignment size: 60,000 tonnes
- Expected next tender deadline: October 20
🚢 Shipment periods sought:
- January 1–15, 2027
- January 16–31, 2027
- February 1–14, 2027
- February 15–28, 2027
📅 A new wheat tender is expected to be issued in the coming days, with a potential closing date of October 20.
🇩🇿 Algeria Buys Around 600,000 Tonnes Of Milling Wheat
Algeria’s state grain agency OAIC purchased an estimated 600,000 tonnes of milling wheat in an international tender that closed on October 13, according to European traders.
📌 Key details:
- Buyer: OAIC, Algeria
- Commodity: milling wheat
- Estimated volume: around 600,000 tonnes
- Reported prices: approximately $326.00–$326.50/tonne C&F
- Origin: optional origins
- Shipment: December 2026, or November for selected origins
🌍 Potential supply origins:
- Baltic Sea region, including Russian wheat shipped through Baltic ports
- Romania
- Bulgaria
- Argentina
🚢 Shipment periods:
- Main supply regions, including Europe: December 1–15 and December 16–31
- South America, India or Australia: one month earlier, in November
📊 Market context:
The tender comes amid severe disruptions to Black Sea grain exports, with fighting bringing seaborne shipments of competitively priced Russian and Ukrainian wheat close to a standstill.
📉 However, wheat prices have eased from multi-year highs reached a month earlier. Increasing Russian exports through Baltic Sea ports have contributed to the decline, encouraging some importers to return to the market.
🇪🇺 Algeria remains an important wheat buyer for the European Union, although French wheat has reportedly been overlooked during the past two years amid diplomatic tensions between Algeria and France.
📌 Previous tender: In mid-September, OAIC purchased approximately 500,000 tonnes at $319–$321/tonne C&F.
🇰🇷 South Korea’s FLC Buys Around 130,000 Tonnes Of Feed Corn
South Korea’s Feed Leaders Committee (FLC) purchased approximately 130,000 tonnes of animal feed corn from optional origins in an international tender, according to European traders.
📌 Key details:
- Buyer: Feed Leaders Committee, South Korea
- Commodity: animal feed corn
- Total volume: around 130,000 tonnes
- Sellers: CJ International and Olam
- Origin: optional origins
- Arrival: around January 15, 2027
🚢 First consignment – CJ International:
- Volume: 67,000 tonnes
- 42,000 tonnes: $279.20/tonne C&F
- Remaining 25,000 tonnes: premium of 216.00 US cents over Chicago March 2027 corn futures
- Additional surcharge: $1.20/tonne for port unloading, applicable to the entire consignment
🚢 Second consignment – Olam:
- Volume: 63,000–68,000 tonnes
- Price: $278.90/tonne C&F
- Additional surcharge: $1.50/tonne for extra port unloading
📅 The final volume of the second consignment must be declared 10 days before the first shipment.
🇰🇷 South Korea’s NOFI Buys Around 131,000 Tonnes Of Feed Corn
South Korea’s Nonghyup Feed Inc. (NOFI) purchased approximately 131,000 tonnes of animal feed corn through its NH Feed unit in an international tender seeking up to 207,000 tonnes, according to European traders.
📌 Key details:
- Buyer: NOFI / NH Feed, South Korea
- Commodity: animal feed corn
- Purchased volume: around 131,000 tonnes
- Tender volume: up to 207,000 tonnes
- Sellers: Bunge and Olam
- Arrival: January–February 2027
- Consignments purchased: 2
🚢 First consignment – Bunge:
- Volume: 68,000 tonnes
- Price: $278.49/tonne C&F
- Additional surcharge: $1.50/tonne for extra port unloading
🚢 Second consignment – Olam:
- Volume: 63,000–68,000 tonnes
- Outright-priced portion: $278.90/tonne C&F plus a $1.50/tonne unloading surcharge
- Futures-linked portion: 20,000 tonnes at a premium of 215.00 US cents over Chicago March 2027 corn futures
📅 The final volume of the second consignment must be declared 10 days before the first shipment.
⚠️ No purchase was immediately reported for the third consignment sought in the tender.
ℹ️ Note: Reported purchase volumes and prices are based on traders’ assessments and may be revised.
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