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Markets

Israeli group tenders to buy corn and sorghum: trade

Published February 1, 2016 Updated February 1, 2016 07:50am

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HAMBURG: A group of Israeli private buyers has issued international tenders to purchase up to 105,000 tonnes of corn and 10,000 tonnes of the feed grain sorghum, all of optional origins, European traders said on Monday.

The tenders close on Wednesday, Feb. 3, traders said.

If based on European Union or Black Sea region supplies, some 25,000 tonnes of corn was sought for shipment between March 20 to April 10, 35,000 tonnes between April 20 to May 10 and 45,000 tonnes between May 20 to June 10, they said.

If the corn is sourced from the United States or South America, the shipment period will be 20 days earlier, they said.

If based on EU or Black Sea supplies, shipment of all the sorghum was sought between March 1-20, they said.

In the last reported corn tender from Israel on Dec. 16, a group of private buyers bought about 80,000 tonnes of corn but made no purchase of the 20,000 tonnes of the feed grain sorghum also sought.

Copyright Reuters, 2016

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