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Algeria’s state grains agency OAIC issued an international tender for a nominal 50,000 metric tons of soft milling wheat from optional origins. The tender calls for shipment in January from major supply regions, with earlier shipment required from South America, India or Australia; offers are due November 11.
The tender creates near-term import demand for wheat, although the final purchase volume and origin are not yet known. A larger-than-nominal award could support export demand and prices for supplying origins.
brecorder.comReutersNov 9, 2026After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), 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.
