Turkey’s state grain board TMO initially bought about 50,000 tonnes of animal feed barley from optional origins in a tender which closed on Tuesday, European traders said.
The tender sought a total 515,000 tonnes and more is expected to be purchased later on Tuesday.
The first purchase involved 50,000 tonnes for shipment to the port of Derince bought at $275.80 a tonne c&f from trading house Viterra, they said.
Purchases are provisional and subject to final confirmation in coming days. Shipment of the barley was sought between Sept. 1 and Sept. 15 to a series of Turkish ports.
Source: Reuters (Reporting by Michael Hogan)