South Korean mills buy 94,400 T wheat from the U.S. -traders
A group of South Korean flour mills bought an estimated 94,400 metric tonnes of milling wheat to be sourced from the United States in an international tender on Thursday, European traders said.
The purchase involved several different wheat types and was all bought on an FOB basis.
It was bought in two consignments, one for shipment between Dec. 15, 2023, and Jan. 15, 2024, with the other for shipment between Oct. 1 and Oct. 31, 2023.
Read also
Official Release – December 17th! Crop & Price Navigator 2026/27
Analysts CoBank believe that commodity prices have already passed cyclical lows
Market doubts China’s ability to meet commitments on US soybean purchases
New EU crop forecasts for 2026
Palm oil exports from Malaysia fell by 16% in December
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon