- Neutral/Steady Demand: Jordan’s MIT booked 50,000 tonnes of feed barley at $260/tonne C&F for first-half July shipment, confirming ongoing import needs without signaling acute tightness.
- Competitive Pricing: Ameropa undercut six major global traders by up to $5.50/tonne, setting a key C&F benchmark for feed barley and underscoring ample export supply.
- Slightly Bearish for Black Sea Barley: The narrow bid spread and “any origin” clause point to comfortable global availability, capping upside for Black Sea barley prices near the $260/tonne C&F level into mid-2024.
Jordan Secures 50,000 Tonnes of Feed Barley
Jordan’s state grain buyer, the Ministry of Industry and Trade (MIT), purchased approximately 50,000 tonnes of feed barley in an international tender held on March 18. The business was awarded to Ameropa at $260 per tonne C&F, the lowest offer among seven participating global traders. The barley is allowed from any origin, giving the supplier flexibility to source from the most competitive export regions.
Shipment of the awarded volume is scheduled for the first half of July 2024, aligning with Jordan’s regular procurement pattern and suggesting no immediate supply urgency. The result reinforces Jordan’s role as a consistent buyer, while highlighting current pricing levels for feed barley into the Middle East.
Tender Results and Price Structure
The tender drew strong participation from major international grain houses, with a tight price range of just $5.50/tonne between the lowest and highest offers. This narrow spread underlines a well-supplied global barley market and intense competition among exporters for Middle Eastern demand.
| Bidder | Volume (tonnes) | Price (C&F, $/tonne) | Shipment Window |
|---|---|---|---|
| Ameropa | 50,000 | $260.00 | H1 July 2024 |
| Cargill | n/a | $261.65 | H1 July 2024 |
| Bunge | n/a | $263.48 | H1 July 2024 |
| Olam | n/a | $264.24 | H1 July 2024 |
| CHS | n/a | $264.48 | H1 July 2024 |
| COFCO | n/a | $265.00 | H1 July 2024 |
| Dreyfus | n/a | $265.50 | H1 July 2024 |
Ameropa’s winning bid at $260/tonne C&F establishes a fresh reference price for feed barley into Jordan. Competing offers from Cargill, Bunge, Olam, CHS, COFCO, and Dreyfus clustered closely above this level, illustrating limited upside pressure and a balanced global supply–demand picture.
Market Impact and Black Sea Barley Outlook
From a regional perspective, the outcome is neutral to slightly bearish for Black Sea barley. The “any origin” clause suggests Ameropa can tap the most cost-efficient supply base, likely including Black Sea origins if logistics and quality align. With seven major houses competing within a narrow band, exporters face a clearly defined ceiling around $260/tonne C&F for Jordan, at least for July positions.
For Black Sea shippers, the Jordan tender result serves as a key benchmark for evaluating regional competitiveness into the broader Middle East and North Africa. While Jordan’s steady purchasing underpins baseline demand, the absence of a risk premium in the prices points to comfortable availability heading into mid-2024 and may limit near-term price appreciation for feed barley exports.
Source: Market Data
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