South Korea purchased 50 thsd tons of milling wheat.
Today, November 7, a group of South Korean millers purchased 50,000 tons of milling wheat from the United States at auction, Reuters reported.
The wheat was purchased from United Grain Corporation on a FOB basis:
- 24,670 tons of soft white wheat (SWW) with a protein content of 9.5-11% at $232.53 per ton;
- 2,780 tons of soft white wheat (SWW) with a protein content of up to 9% at $242.33 per ton;
- 10,405 tons of hard red wheat (HRW) with a protein content of 11.5% at $246.37 per ton;
- 12,145 tons of northern spring dark wheat (DNS) with a protein content of 14% at $261.11 per ton FOB.
Under the tender terms, shipment will take place from January 15 to February 15, 2026.
Read also
Black Sea Logistics Disruptions: Expert Market Briefing
Lower Black Sea sunflower oil exports are not changing the balance of the global v...
Ukraine seeks support to restore maritime grain exports and expand EU Solidarity L...
USDA forecasts 13% decline in Canada’s wheat crop for 2026/27
Indonesia’s palm oil export growth slows ahead of B50 biodiesel rollout
Write to us
Our manager will contact you soon