Algeria has bought a small part of the planned quantities of feed maize

Published 2024년 11월 21일

Tridge summary

The Algerian National Food and Feed Authority (ONAB) has successfully purchased a substantial amount of feed corn, likely between 40,000 and 240,000 tons, from Argentina and Brazil for an undisclosed price via an international auction. The delivery of the corn is expected to occur between December 1 and 15. Meanwhile, Jordan's Ministry of Industry, Trade and Supply has abandoned the process of selecting a supplier for 120,000 tons of bread wheat due to offers received being overpriced, with no new attempt to source the wheat announced as yet.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Algerian National Food and Feed Authority (ONAB) has purchased at an international auction an unspecified amount of feed corn originating in Argentina and/or Brazil, the electronic publication APC-Inform reported, citing its sources among market participants. It is assumed that at least one batch of corn up to 40 thousand was purchased. tons with a planned 240 thousand the ton. There is also no information about the price at which the cereal was purchased. According to the conditions of the tender, the delivery of the corn to the Algerian ports must take place between December 1 and 15. It is necessary to recall that Algeria does not publish official results of the auctions for the purchase of grain and information on prices and quantities is obtained through informal channels mainly from the participants in the auction procedures. Meanwhile, Jordan's Ministry of Industry, Trade and Supply has once again canceled the import tender for 120,000 tons of bread wheat of any origin. ...
Source: Sinor

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