Jordan purchased 60,000 tons of wheat in a tender at a price of $261.25 per ton

The state grain purchaser from Jordan acquired approximately 60,000 tons of milling wheat in a tender that took place on Tuesday. Deliveries of the product are expected to begin in the second half of April. According to market participants, it is likely that the contract was signed with Cofco at a price of about $261.25 per ton on a c&f basis.

This is reported by AgroReview

Offers from other suppliers and clarification of the agreement

Other companies were present at the tender. In particular, CHS offered a price of $263.89 per ton c&f, Cargill – $266.74, and Ameropa – $265.37 per ton. Traders note that both the prices and the exact volumes of the purchase may be adjusted after further assessments.

Plans for new tenders for wheat and barley

According to market information, Jordan plans to announce a new tender for the purchase of another 120,000 tons of wheat in the near future. Bids for this tender are expected by January 27, with grain deliveries scheduled for various periods in March and May. Additionally, a separate tender for the purchase of 120,000 tons of feed barley is ongoing.

The state grain buyer of Jordan purchased about 60,000 tons of milling wheat on Tuesday, traders reported. Deliveries are expected to be made in the second half of April, and the deal was likely signed with the trading house Cofco at approximately $261.25 per ton on a c&f basis.