(Adds detail from paragraph six)
HAMBURG, Nov 21 (Reuters) - Iraq's state grains board has
purchased a total 350,000 tonnes of wheat from Australia, Russia
and Canada in a tender for a nominal 50,000 tonnes which closed
this week, European traders said on Wednesday.
Of the total, 200,000 tonnes of Australian wheat was
purchased from Glencore at $404.89 cif, traders said.
Glencore also sold 50,000 tonnes of Russian wheat at $399 a
Some 100,000 tonnes of Canadian wheat were sold by Viterra
at $409.89 a tonne cif, traders said.
Lower offers of Romanian wheat in the tender were rejected,
"Romanian wheat possibly looked too much of a fringe origin
and Russian wheat preferred while it is almost sold out but not
quite," one trader said. "There are still some final Russian
supplies being offered from port warehouses, I think this sale
should not change the perceptions of tight Russian supplies."
Russia has been pulling out of grain export markets after a
poor harvest this summer.
"Offers of U.S. hard red winter in the Iraq tender were too
high to be competitive, but U.S. soft red winter is looking
attractive in other export markets with different specifications
such as Egypt," another trader said.
"Australian and Canadian wheat were offered aggressively to
Iraq both in terms of prices and volumes."
Two offers each of 50,000 tonnes of U.S.-origin wheat were
made in the tender, one at $444.04 a tonne c&f free out and the
other at $454 a tonne cif liner out, traders said.
Free out and liner out terms have different provisions for
Traders said offers for a total 400,000 tonnes of Australian
wheat were made to Iraq along with offers of 300,000 tonnes of
(Reporting by Michael Hogan; editing by Keiron Henderson)