Philippines bought about 85,000 T feed wheat this week

HAMBURG: Importers in the Philippines purchased about 85,000 tonnes of feed wheat in a deal earlier this week, European traders said on Friday.

Some 50,000 tonnes was bought at below $260 a tonne c&f for shipment to the port of Batangas. The United States was seen as a possible origin.

Another 35,000 tonnes was purchased at around $285 a tonne c&f to the port of Cebu and was thought likely to be sourced from Australia.

Both consignments were for shipment in the first half of April.