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Saturday, August 15, 2026 15:48 GMT
Algeria’s state grains agency OAIC has bought around 540,000 to 720,000 metric tons of milling wheat in an international tender which closed on Wednesday, European traders said. The size of the initial purchase in tonnage terms was not immediately certain, as is usual in Algerian tenders. Most estimates on Wednesday evening were about 720,000 tons but some later trader estimates were around 540,000 tons. Purchases were reported at around US$289 to US$290 a ton cost and freight (c&f)...More