
Algeria issued an international tender to buy at least 50,000 tonnes of soft milling wheat, with bids due November 11 and delivery scheduled for February. Jordan canceled its tender for 120,000 tonnes, reportedly because bids were high, and expects to reschedule it for November 17.
Algeria’s tender adds near-term import demand, while Jordan’s cancellation defers a larger potential purchase. The opposing signals leave the immediate effect on wheat prices limited and uncertain.
After 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.