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Algeria has excluded French offers in its past three milling wheat import tenders, amid a diplomatic row with France. Algeria typically buys around 6 million tonnes a year and has accounted for 40-50% of French non-EU wheat exports.
French wheat stocks at season end were forecast at a 17-year high.
Losing a major buyer leaves France with large unsold stocks, which pressures EU wheat export prices and encourages rival suppliers to compete for Algerian business. The effect is bearish for wheat export values.
ukragroconsult.com24 ene 2022Tras 375 eventos bajista de comercio pasados, Trigo (SRW) se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -2,0 % y +1,1 %), y -0,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
