South Korea’s FLC purchases about 65,000 t of feed wheat from the U.S.
The Feed Leaders Committee of South Korea (FLC) purchased approximately 65,000 metric tonnes of animal feed wheat from the United States on Wednesday in a private transaction without issuing a tender to international buyers, European traders reported.
Wheat was estimated to have cost $249.99 per ton, c&f. Plus a $1.50 surcharge per ton for port unloading. Trading house Pan Ocean was thought to be the seller.
If the shipment originates from the U.S. Pacific Northwest Coast, it will arrive in South Korea between April 15 and May 1.
The reports reflect the opinions of traders, and it is still possible to estimate prices and volume later.
The deal was made after a separate purchase of 65,000 tonnes of feed wheat by South Korean importer NOFI on Wednesday at the same price. Michael Hogan reported the story.
Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.
Join strategic discussions and networking with industry leaders!
Read also
TEUS – Sponsor of Exclusive Networking Event within BLACK SEA GRAIN.KYIV
EU allows Ukrainian oilseeds and beet seeds to enter its market
The Netherlands approves a unique potato with a “skin graft”
France reduces agricultural sector’s dependence on imports
Pirated soybean seeds account for 11% of soybean acreage in Brazil
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon