Thailand purchased 60,000 tons of feed wheat at a low price in a tender.

According to market operators, a group of importers from Thailand purchased 60,000 tons of feed wheat at an international tender with delivery in January 2026 at a price of $235.9/ton CIF (excluding additional costs for unloading the ship). Recall that in October, feed corn prices on the markets of Southeast Asia were at the same level, which later rose to $256-259/ton, and now have decreased to $249-250/ton amid an increase in the supply of cheap feed wheat from Australia. Therefore, markets need to prepare for further declines in feed crop prices.