South Korea buys feed corn
South Korean Major Feedmill Group (MFG) purchased 68,000 tonnes of feed corn in a private deal concluded on June 10, Reuters reported.
The purchase price was $233.99 C&F plus a $1.25 per tonne surcharge for unloading at a second port.
According to traders, the corn was purchased from Freepoint.
The shipment will take place from ports in South America or South Africa. Shipments from South American ports are scheduled for July 20 to August 20. If the corn is of South African origin, then only 55,000 tonnes will be needed instead of 68,000 tonnes.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Early Rate expires this week – catch up with BLACK SEA OIL TRADE-2025!
China’s wheat procurement off to good start with over 17m tonnes purchased
ADM causes panic in US soybean market ahead of new biofuel rules
A new market research by UkrAgroConsult opens up prospects for agricultural export...
Ukraine may introduce a 10% export duty on rapeseed and soybeans
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon