XM does not provide services to residents of the United States of America.

Export Summary-Mexico buys US corn; Algeria seeks corn, soymeal, wheat



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Export Summary-Mexico buys US corn; Algeria seeks corn, soymeal, wheat</title></head><body>

Nov 25 (Reuters) -Snapshot of the global export markets for grains, oilseeds and edible oils as reported by government and private sources as of the end of business on Monday:


CORN SALES: The U.S. Department of Agriculture confirmed private sales of 454,090 metric tons of U.S. corn to Mexico, including 364,792 tons for shipment in the 2024/25 marketing year and 89,298 tons for the 2025/26 marketing year.


CORN, SOYMEAL TENDER: Algerian state agency ONAB has issued international tenders to purchase up to 240,000 metric tons of animal feed corn and 70,000 tons of soymeal, European traders said. The deadline for submissions of price offers in the tenders is Nov. 26.


WHEAT TENDER: Algeria's state grains agency OAIC has issued an international tender to buy soft milling wheat for shipment to two ports only, European traders said. The tender sought a nominal 50,000 metric tons but the shipment to two ports generally indicates a small purchase is planned, traders said. The deadline for submission of price offers in the tender is Nov. 26, with offers having to remain valid until Nov. 27.


WHEAT TENDER UPDATE: The lowest offer in an international tender from Bangladesh's state grains buyer to purchase and import 50,000 metric tons of wheat which closed on Monday was assessed at $286.08 a metric ton CIF liner out, European traders said. Offers are still being considered and no purchase has yet been made, traders said.


PENDING TENDERS:


RICE TENDER: South Korea's state-backed Agro-Fisheries & Food Trade Corp issued an international tender to purchase an estimated 40,000 metric tons of rice to be sourced from the United States, European traders said. The deadline for submissions of price offers in the tender was Nov. 22.


WHEAT TENDER: Jordan's state grain buyer issued an international tender to buy up to 120,000 metric tons of milling wheat which can be sourced from optional origins, European traders said. The deadline for submission of price offers in the tender is Nov. 26.


FEED BARLEY TENDER: Jordan's state grains buyer issued an international tender to purchase up to 120,000 metric tons of animal feed barley, European traders said. The deadline for submission of price offers in the tender is Nov. 27.


FEED BARLEY TENDER: Turkey's state grain board TMO has issued an international tender to sell and export about 150,000 metric tons of animal feed barley, European traders said. The deadline for submission of price offers in the tender is Nov. 28.


RICE TENDER: Bangladesh's state grains buyer issued another international tender to purchase 50,000 metric tons of rice, traders said. The deadline for submission of price offers is Dec. 2.


(Compiled by Karl Plume in Chicago)

For top agriculture stories, see: TOP/GRO
</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.