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Israeli group seeks to buy corn and wheat

A group of Israeli private buyers has issued international tenders to purchase up to 85,000 tonnes of corn and 45,000 tonnes of feed wheat all of optional origins, European traders said on Monday.

The tenders close on Wednesday, April 1, traders said. If based on European Union or Black Sea region supplies, some 35,000 tonnes of corn was sought for shipment between May 25 to June 15 and a further 50,000 tonnes between June 20 to July 10, they said.

And if based on EU or Black Sea supplies, shipment of 25,000 tonnes of feed wheat was sought between April 20 to May 10 and shipment of 20,000 tonnes between May 20 to June 10, they said.

Shipment periods from other origins may differ, traders said.

In the last reported corn and wheat tender from Israel on February 25, a group of private buyers purchased about 90,000 tonnes of corn and about 25,000 tonnes of feed wheat of optional origin after seeking offers for the same volume.

Copyright Reuters, 2015