
Algeria's OAIC launched a new international tender on November 9, 2026 to buy 50,000 tonnes of soft wheat for milling, with bids due November 11 and shipments in January 2027. The agency has bought about 4.6 million tonnes since January, per Reuters citing European traders.
This is a routine, small tender that adds modestly to import demand for wheat. Its effect on prices is limited, though the agency's steady buying supports export demand.
After 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.