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Tunisia's state grain agency ODC asked a supplier to avoid French wheat for a sale from West Europe because of continuing French port strikes. The letter, dated January 28, cites recent shipment hampering and risk to French sales.
Another 24-hour port stoppage was called for the following Wednesday.
A major buyer steering away from French origin shifts demand to Black Sea and other EU sources, a bearish signal for French wheat sales but supportive of competing origins.
africa.timesofnews.comTimes of NewsJan 29, 2020After 206 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.
