International wheat markets may find support from a couple of large tenders. Pakistan are in for 750kt according to some analyst, the official number appears to be 300kt. Looking at the way the government is trying to distribute what...

The Algerian tender is the main focus point for a lot of punters at present. As mentioned yesterday, the value of US$320 C&F +/-, was around US$30.00 higher than the previous tender. There is speculation that this was to...

Pakistan received offers for 656kt in their tender, lowest price was US$348.83/t and the highest was US$369.95 C&F. Let’s call the average US$350 for the sake of the comparison exercise. I’ve attached a international map showing FOB origin values,...