Thailand purchased 60 thsd tons of feed wheat at a low price in a tender
Thai importers bought 60,000 tonnes of feed wheat at $235.9 per tonne CIF for January 2026 delivery. Cheaper Australian feed wheat has pressured Southeast Asian markets, pushing feed corn prices down to $249–250 per tonne. Traders warn increased wheat supplies could trigger further declines in feed grain prices.
According to market operators, a group of Thai importers purchased 60,000 tons of feed wheat at an international tender for delivery in January 2026 at a price of $235.9/ton CIF (excluding additional costs for unloading the vessel).
Recall that in October, prices for feed corn in the markets of Southeast Asia were at the same level, which later rose to $256-259/t, and now have decreased to $249-250/t amid an increase in the supply of cheap feed wheat from Australia.
Therefore, markets need to prepare for further declines in feed crop prices.
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Source : UkrAgroConsult