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Live Updates  >  Live Update Details

2025-12-17 20:46:34

[Jordan Launches Barley Procurement; International Grain Traders Highlight Supply Competition] ⑴ Jordanian national grain buyers purchased approximately 60,000 tons of animal feed barley in an international tender on Wednesday, with the source of the goods optional. The total tender sought a maximum of 120,000 tons. ⑵ This batch of grain was estimated to have been sold at a CIF price of $270 per tonne by the French trading company Soufflet, with shipment scheduled for the first half of March 2026. ⑶ Several other major international grain traders also participated in the tender, with CIF prices as follows: Cargill $272.50, Bunge $271.99, Louis Dreyfus $283, and Oran $274.79 per tonne. ⑷ This procurement indicates that demand for feed grains in the Middle East remains stable, while the price differences among major traders reflect the current competitive landscape and different cost assessments. ⑸ The market will focus on the subsequent procurement of the remaining quantities from this tender and the potential impact of the transaction prices on the regional grain spot market.

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