Iran purchased more corn than planned in tender

2026. The estimated price was about €235/ton (≈$278.5/ton). The tender provided for the purchase of yellow corn from Brazil, Europe, Russia, Ukraine or other countries in the Black Sea region. According to traders, payment problems for Iranian companies due to Western sanctions have complicated the country’s participation in recent tenders. Food is not subject to sanctions, but the restrictions have affected Iran’s financial system, creating complex and unstable payment mechanisms. Other ...