Traders say Algeria is a pass for corn and barley

Published Aug 28, 2024

Tridge summary

Algeria's state agency, ONAB, has declined all bids and made no purchases in tenders for up to 112,000 metric tons of animal feed corn and 35,500 tons of feed barley that closed on August 21. The tender sought corn only from Brazil or Argentina, to be shipped by September 15, and soymeal and barley from any origin, to be shipped between September 15 and 30. The outcome of a soymeal auction is still unknown.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

European traders reported on Tuesday that Algerian state agency ONAB rejected all bids and did not make any purchases in tenders which closed last Thursday for up to 112,000 metric tons animal feed corn and 35,500 tons feed barley. It was not clear what the outcome of an auction for 40,000 tonnes of soymeal would be. The tender was closed on August 21. It only sought corn from Brazil or Argentina in three consignments up to 40,000 tonnes, and shipment must be completed by September 15 at the very latest. Soymeal and Barley were to be procured from any origin and shipped between September 15 ...

Source: UkrAgroConsult