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اشترت وزارة الصناعة و التجارة في الاردن ٦٠ الف طن شعير، شحن النصف الاول من شهر نوفمبر بسعر ٢٦٤.٢٥$ للطن، سي اف ار ميناء العقبة. #غلال #سلع_زراعية
Its one of those reports where you have to manually re-check the figures to verify the formulas! 26.33 MMT additional US Corn!
Week 15 Jordan MIT booked the following CNF Aqaba port - 60k MT Wheat, FH Aug 25 shipment at $264 PMT (-$1 vs previous purchase) - 60k MT Barley, SH July 25 shipment at $235 PMT (-$0.5 vs previous purchase)
This week, Jordan booked - 50k MT Wheat SH Aug 25 shpt CNF Aqaba port at $265 PMT (-$0.25 vs previous purchase for FH Jun shpt) - 60k MT Barley FH July 25 shpt CNF Aqaba port at $235.5 PMT (-$1 vs previous purchase for FH Aug shpt) #OATT
Jordan MIT booked 60k MT Barley for FH Aug 2025 shpt at $236.5 PMT. Price is $6 higher than MIT’s purchase 2 weeks ago for SH July shpt. #OATT
USDA Barley update - March 2025 Imports: all kept same as Feb; except for Iran which was revised up by 400k MT (surprisingly KSA is still same at 2.6 MMT...) Exports: a lot of changes here; Australia +1.2 MMT, Argentina -300k MT, Russia +400k MT, UK -50k MT and Turkey +200k MT…
9 companies offered Barley at Jordan MIT tender today. 100k MT new crop Barley booked for FH/SH July 2025 shpt at $230.5 CNF Aqaba port. The price is -$10.25 vs MIT’s last purchase for SH June shpt.
Jordan cancelled both Wheat and Barley tenders this week. Since the beginning of the year MIT booked Wheat 4 times (230k MT) and cancelled twice. On Barley MIT booked once (100k MT) and cancelled 5 times. Tendering again next week for Wheat and Barley on Tuesday 18th of Feb…
USDA vs Conab Brazil Corn crop forecast
Conab this week increased Brazil's corn crop to 122mmt from 119.6mmt previously, but USDA reduced its outlook to 126mmt from 127mmt. Note that the agencies are still 6.3mmt apart on last year's crop, so it is possible that one of the forecasts went the wrong direction this week.
Saudi Arabia in the market for 595k* MT Wheat May-July 2025 delivery. Cargo sought for Jeddah (3 vessels), Yanbu (4 vessels), Dammam (2 vessels) and Jizan (1 vessel). tender closing tomorrow. *nominal quantity
Updated USDA Barley figures for 24/25 showed reduction in Morocco's imports by 100 MT rest unchanged; notably China and Saudi kept the same as Jan report where I think the latter should be revised up and probably the former down. On the export side, EU, Argentina and Ukraine…
Saudi GFSA booked 804k MT of Wheat at average price of $268.87 for February - April 2025 delivery period Vessels: 4 - Jeddah port 5 - Yanbu port 3 - Dammam port 1 - Jizan port
Saudi GFSA is in the market for 595k MT of Wheat for Feb-April 2025 arrival. Tender closing tomorrow.
Saudi in the market for 295k MT Wheat, Dec 24 - Jan 25 delivery Vessels sought for Jeddah, Yanbu and Jizan ports (Red Sea) Tender closing tomorrow, 4/10/2024
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