South Korea purchased 20.8 thsd tons of milling wheat
Today, December 17, a group of South Korean millers purchased 20,800 tons of U.S. milling wheat at auction, Reuters reported.
The wheat was purchased from United Grain Corporation on a FOB basis:
- 8,000 tons of soft white wheat (SWW) with a protein content of 9.5-11% at $234 per ton;
- 1,800 tons of hard red wheat (HRW) with a protein content of 11.5% at $244 per ton;
- 11,000 tons of dark northern spring wheat (DNS) with a protein content of 14% at $272 per ton.
According to the tender terms, shipment will take place from April 1 to April 30, 2026.
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
Coming Up in UkrAgroConsult Reports: Key Market Signals
High fertilizer prices could reshape US planting decisions in 2027 – USDA
Food wheat may become more expensive relative to feed wheat due to a protein shortage
EU exports support Ukrainian soybean prices amid maritime logistics disruptions
Zimbabwe proposes curbing vegetable oil imports while making wheat imports cheaper
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon