South Korea purchased 67 thsd tons of feed corn
A South Korean importing group, including Feedmill Group and Cargill Agri Purina, purchased approximately 67,000 tonnes of feed corn at an international auction on Tuesday, according to Reuters.
The corn was purchased in one shipment from CJ International for delivery to South Korea on or about February 10, 2026. 38,580 tonnes were purchased at $246.61 per tonne C&F. The remaining 28,420 tonnes were purchased at the December CBOT corn contract plus 188.90 cents per bushel. For deliveries to two ports, an additional $1.50 per tonne will be charged for additional port unloading.
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