- Volume Shortfall: TMO secured 225,000 tons of feed barley, about 30,000 tons below the planned 255,000-ton tender volume.
- Price Benchmark: Successful offers ranged between $266.2 and $279 per ton C&F, setting a near-term reference for Black Sea feed barley values.
- Port Allocation: Largest allocations go to Bandirma, Izmir, and Mersin at 50,000 tons each, with smaller lots spread across six additional ports.
- Market Tone: Outcome is viewed as neutral to slightly bearish, with TMO showing price sensitivity and restraint on volumes.
- Timing: Deliveries are scheduled for February 23 to March 23 in shipment batches from 5,000 to 50,000 tons.
Turkey Feed Barley Tender Outcome
Turkey’s state grain agency TMO has contracted approximately 225,000 tons of feed barley in its February 11 tender, according to preliminary market data. The result is around 11.8% below the initially targeted purchase volume of 255,000 tons, pointing to either limited competitive offers or firm price resistance from the buyer.
Successful bids were concluded in a range of $266.2 to $279 per ton C&F, establishing a current benchmark for Black Sea-origin feed barley into Turkey. Shipment periods run from February 23 to March 23, with parcel sizes between 5,000 and 50,000 tons, allowing for staggered arrivals across multiple ports.
Price and Volume Snapshot
| Metric | Value |
|---|---|
| Planned purchase volume | 255,000 tons |
| Contracted volume | 225,000 tons |
| Shortfall vs plan | 30,000 tons (11.8%) |
| Price range (C&F) | $266.2–$279/ton |
| Shipment window | Feb 23 – Mar 23 |
| Shipment lot size | 5,000–50,000 tons |
Port Allocation Detail
| Port | Allocated Volume (tons) |
|---|---|
| Bandirma | 50,000 |
| Izmir | 50,000 |
| Mersin | 50,000 |
| Iskenderun | 25,000 |
| Adana | 25,000 |
| Samsun | 20,000 |
| Trabzon | 20,000 |
| Tekirdag | 10,000 |
| Giresun | 5,000 |
| Total | 255,000 |
Market Impact and Outlook
The tender result is assessed as neutral to slightly bearish for Black Sea feed barley. Turkey remains an active buyer but has signaled price sensitivity by not completing the full targeted volume. The $266–$279/ton C&F range now serves as a reference band for nearby Black Sea export business into Turkey.
For exporters, the unfilled 30,000-ton gap may curb immediate upside price momentum unless TMO quickly returns to the market or competing demand emerges. Traders should watch for follow-up tenders or bilateral purchases that could tighten regional balance and support prices.
Source: Market Data
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