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.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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