- Procurement Completed: Turkey’s TMO secured 175,000 tonnes of feed barley at the March 13 tender, fully meeting its planned volume.
- Domestic Stocks Favored: Around 86% (150,000 tonnes) was sourced from barley already in Turkish customs warehouses at $270–$305/tonne EXW.
- Limited New Imports: Only 25,000 tonnes was booked on a C&F basis at $274/tonne, signaling modest near-term demand for fresh Black Sea exports.
- Defined Delivery Window: Deliveries are scheduled between March 25 and April 17 across eight Turkish ports, covering near-term feed barley needs.
- Market Tone: Outcome is neutral to slightly bearish for Black Sea exporters as domestic inventory covers most of Turkey’s short-term demand.
Turkey Secures 175,000 Tonnes of Feed Barley at TMO Tender
Turkey’s state food procurement agency, TMO, finalized purchases totaling 175,000 tonnes of feed barley at its March 13 tender, according to preliminary reports from market operators. The tender achieved the full planned volume, with the majority sourced from grain already situated within Turkish customs warehouses.
Of the total volume, 150,000 tonnes was purchased from existing customs warehouse stocks on an ex-warehouse (EXW) basis, at prices ranging between $270 and $305 per tonne. The strategy significantly reduced the need for fresh import volumes in the immediate term.
An additional 25,000 tonnes was contracted on a cost-and-freight (C&F) basis at $274 per tonne, representing new import volume and providing a current price benchmark for feed barley into Turkey.
Price and Volume Details
| Contract Type | Volume (tonnes) | Price Basis | Price Range / Level |
|---|---|---|---|
| Customs warehouse stocks | 150,000 | EXW | $270–$305/tonne |
| New import volume | 25,000 | C&F | $274/tonne |
| Total contracted | 175,000 | Mixed | Benchmarking near $274/tonne C&F |
Delivery Schedule and Port Allocation
Deliveries under the tender are scheduled between March 25 and April 17, with shipment batches reported in a range broadly described from 10,000 tonnes and above. The contracted volumes will be distributed across eight Turkish ports, ensuring coverage of key regional demand centers.
| Port | Allocated Volume (tonnes) |
|---|---|
| Bandirma | 25,000 |
| Adana | 25,000 |
| Izmir | 25,000 |
| Mersin | 25,000 |
| Iskenderun | 25,000 |
| Samsun | 20,000 |
| Trabzon | 20,000 |
| Tekirdag | 10,000 |
Market Impact and Analysis
The tender outcome is neutral to slightly bearish for Black Sea barley exporters. By covering roughly 86% of its needs from domestic customs warehouse stocks, Turkey has reduced immediate import requirements and limited fresh demand from external suppliers in the short term.
The $274/tonne C&F price for the relatively small 25,000-tonne import tranche provides an indicative benchmark for current feed barley values into Turkey. However, the modest size of this import component underscores restrained appetite for new shipments, at least through mid-April.
With near-term feed barley requirements now largely satisfied, additional tender activity or spot demand from Turkey may be subdued in the coming weeks, potentially weighing on regional export opportunities for Black Sea origins until new demand windows open.
Source: Market Data
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