European traders reported on Wednesday that the Iranian state-owned animal food importer SLAL had issued international tenders for up to 120,000 metric tonnes of animal feed corn and barley, as well as 120,000 metric ton of soymeal.

They said that the deadline for submitting price bids in tenders is April 21.

All grains must be shipped in June and/or July.

You can source corn from Brazil, Europe or other countries in the Black Sea Region, including Turkey.

Barley is available from many sources, including the European Union (EU), Russia, Ukraine, or other countries in the Black Sea Region, such as Turkey and Kazakhstan.

Soymeal is only available in Brazil and Argentina.

Traders said that the Western sanctions on Iran had caused payment problems for Iranian companies, which made it difficult to participate in recent Iranian tenders.

The sanctions imposed on Iran for its nuclear program do not apply to food, but they have affected the financial system of the country, causing complex and irregular payment arrangements.

Two banks in Iraq and Turkey are offering to pay for all new tenders, according to traders.

Iran offers payment in Euros for grains. Iran has traditionally refused to use U.S. dollar for grain transactions. Reporting by Michael Hogan, Editing by Shailesh Kumar

(source: Reuters)