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Algeria's state agency OAIC closed a tender for over 700,000 tonnes of milling wheat at about $313/t CIF, with shipments in January 2027. Germany expects its 2026 corn harvest to fall 17.1% after a hot, dry summer, and Euronext wheat eased as buyers turned to Argentina.
A large Algerian purchase supports world wheat demand, but sourcing from Argentina instead of Europe weighs on EU wheat prices. The German corn shortfall points to more EU corn imports and firmer corn prices.
agri.bgАгри.БГNov 15, 2026After 207 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
