- Jordan’s MIT purchased 60,000 tonnes of feed barley from Cargill at $273.50/MT C&F, covering only half of its planned tender volume.
- Bunge’s competing offer at $278.45/MT C&F was $4.95/MT higher, highlighting tight competition in the tender.
- The reduced purchase volume and competitive pricing are neutral to slightly bearish for Black Sea barley exporters, who face global competition under “random origin” terms.
Jordan Secures 60,000 Tonnes of Feed Barley
Jordan’s state grain buyer, the Ministry of Industry and Trade (MIT), secured 60,000 tonnes of randomly sourced feed barley via an international tender concluded on January 14. The contract was awarded to Cargill at a price of $273.50 per tonne C&F, according to European trade sources.
This volume represents only half of the initially planned 120,000-tonne procurement, suggesting either comfortable domestic stocks or a more cautious, phased buying strategy amid current market conditions.
The shipment is scheduled for delivery to Jordan in the first half of April 2026, positioning the cargo to cover Spring feed demand and providing a forward price signal for the international feed barley market.
Tender Prices and Competitive Landscape
| Seller | Volume (tonnes) | Price (C&F, $/MT) | Price Difference vs. Lowest Bid ($/MT) | Shipment Window |
|---|---|---|---|---|
| Cargill | 60,000 | $273.50 | $0.00 | H1 April 2026 |
| Bunge | Not awarded | $278.45 | $4.95 | N/A |
| Planned Tender Volume | 120,000 | — | — | H1 April 2026 |
Market Impact and Black Sea Barley Outlook
The deal is neutral to slightly bearish for Black Sea barley exporters. Jordan’s decision to cover only 50% of its initial tender volume implies either that domestic stocks are adequate or that authorities prefer to stagger purchases in anticipation of potential price or freight adjustments.
The $273.50/MT C&F purchase establishes a reference point for global feed barley values into the Middle East. However, the “random origin” clause broadens supplier competition beyond the Black Sea, putting added pressure on exporters in that region to sharpen both freight and quality terms in upcoming tenders.
The narrow spread of $4.95/MT between Cargill’s winning offer and Bunge’s bid underscores a competitive tender environment. Black Sea origins may capture more volume in future Jordan tenders if they can offer attractive logistics and maintain consistent quality at or below this newly set price benchmark.
Source: Market Data
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