February 6, 2004

South Korea To Buy 10,000MT US Soybeans

A South Korean government agency is seeking to buy 10,000 metric tons of soybeans of U.S. origin in a tender Friday, a Seoul-based trader said.

The agency, the Agricultural and Fishery Marketing Corp., is seeking to buy the soybean for April 20 arrival to the port of Incheon, said the trader, adding that the results should be announced later Friday.

An official at the agency couldn't be reached for comment at the time of writing.