Paris Wheat Rises As Algerian Purchases Tender, Hope of Black Sea Peace Fades
8 Articles
8 Articles
European wheat prices rose 0.5% to Euro243.25 (approximately $263) per tonne, supported by an Algerian tender for wheat purchases, a weakening of the euro, and lower hopes for the resumption of grain exports across the Black Sea.
Maritime Reporter
maritimeprofessional.comParis Wheat Rises As Algerian Purchases Tender, Hope of Black Sea Peace Fades
European wheat futures in Paris rose on Monday, recovering from a sharp fall on Friday, as big importer Algeria issued a wheat purchase tender and hopes for a Black Sea peace deal faded.Export-boosting euro weakness also supported.Benchmark…
Paris (France), 14 Oct 2026 (AFP) – Large calls for tenders for purchases and tensions in the Black Sea supported wheat prices on the European market this week, while the monthly report of the US Ministry of Agriculture, with increased yields, weighed on the prices of the market for cereals: wheat is still firm in Europe, American corn has first appeared on MARINE & OCEANS.
Algeria, through the Algerian Inter-Professional Grain Office (OAIC), purchased approximately 600,000 tonnes of milling wheat (common wheat) following an international tender closed on Tuesday 13 October, according to European traders cited by Reuters. According to these sources, purchases were initially announced at prices between [...]
On the Paris-based Euronext exchange, December milling wheat futures rose, influenced by a new purchasing tender launched by Algeria and supply concerns in the Black Sea region.
Algeria returns to the international grain market with the launch of a new tender for the purchase of common wheat.
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