Iran held a tender for the purchase of grain

On September 16, Iran’s State Agency for Livestock Feed Imports (SLAL) held a tender for 120,000 tons of feed corn, 120,000 tons of feed barley, and 120,000 tons of soybean meal, according to the Grain On-Line news agency, citing European traders.
In fact, 180,000 tons of feed corn were purchased (three batches of 60,000 tons each) at a price of 235 euros ($278.5) per ton. The barley and meal purchases were not completed.
According to the tender terms, the corn will be shipped in October-November. It may be of Brazilian, European, Black Sea, Russian, Ukrainian, or Turkish origin. Payment will be made through Iraqi and Turkish banks.
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