
Algeria bought over 700,000 tonnes of wheat at about $313 per tonne CIF, probably mostly from Argentina, with Romania among possible origins. Germany's corn crop is forecast down 17.1%, and Turkey booked 295,000 tonnes of corn.
Ukrainian barley is selling at about $140 per tonne.
A large Algerian purchase supports wheat demand, but the shift toward Argentine supply limits gains in European wheat. The sharp German corn crop cut and rising EU import needs support European corn prices.
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.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), 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.