South Korea purchased 65 thsd tons of corn
South Korean animal feed producer Nonghyup Feed Inc (NOFI) purchased 65,000 tonnes of U.S.-origin feed corn at an international tender held on August 6, Reuters reported.
The winner of the tender was Columbia Grain International.
The corn was purchased in one batch at a price of $262.94 per tonne. In case of delivery to two ports, $1.50 per tonne will be added to the price for additional unloading at the port. The purchased grain will arrive in South Korea by November 15, 2025.
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.
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