# Algeria secures over 700,000 tonnes of wheat at lower prices

> Algeria's state grain office OAIC closed a tender launched on November 9 and bought over 700,000 tonnes of milling wheat at about $313 per tonne cost and freight, below the October purchase. Total imported soft wheat for the year now exceeds 5.3 million tonnes, with shipments due in January 2027, possibly from Argentina, Romania and Bulgaria.

- Date: 2026-11-12 · published 2026-11-13T06:16:30.924Z
- Category: trade · region Algeria · magnitude low
- Page: https://feedsoft.ai/events/97279-algeria-secures-over-700-000-tonnes-of-wheat-at-lower-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Algeria's large purchase supports export demand from Argentina and the Black Sea, while the lower price signals softer global wheat values. Continued import needs underpin demand even as domestic output is expected to rise.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-02-05 | [GASC purchases 360k tonnes of wheat](https://feedsoft.ai/events/6779-gasc-purchases-360k-tonnes-of-wheat.md) | -3.2% | +0.7% |
| WHEAT | 2022-12-07 | [Wheat prices touch 14-month low on surging Russian exports - Nikkei Asia](https://feedsoft.ai/events/6645-wheat-prices-touch-14-month-low-on-surging-russian-exports-nikkei-asia.md) | +10.0% | +8.7% |
| WHEAT | 2018-11-01 | [How long can Russia undercut U.S. wheat prices?](https://feedsoft.ai/events/62069-how-long-can-russia-undercut-u-s-wheat-prices.md) | -3.7% | -5.1% |
| WHEAT | 2019-12-05 | [After a speculative jump in wheat prices continue to decline](https://feedsoft.ai/events/11056-after-a-speculative-jump-in-wheat-prices-continue-to-decline.md) | -3.9% | -1.3% |
| WHEAT | 2023-09-25 | [Terrain \| Cheap Russian Wheat Puts Lid on U.S. Wheat Prices](https://feedsoft.ai/events/34145-terrain-cheap-russian-wheat-puts-lid-on-u-s-wheat-prices.md) | -2.7% | -1.3% |

## Sources

- journan.com: https://journan.com/article/21d413ed93050b45161b001d858d83eee704298f54825af9483a2a5a7090a602/en/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.