South Korea purchased 66 thousand tons of feed corn
On May 12, South Korean Major Feedmill Group (MFG) held a tender to purchase up to 210,000 tonnes of feed corn, Reuters reported.
66,000 tonnes of corn were purchased at $277.93 per tonne C&F plus a $1.50 per tonne surcharge for unloading at a second port. Delivery to South Korea is scheduled for September. Traders believe the corn will be sourced from South America or South Africa.
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