February 7, 2006

South Korea's MFG buys 55,000 tonnes of Canadian feed wheat

South Korea's Major Feedmill Group (MFG) bought 55,000 tonnes of Canadian-origin feed wheat from Toepfer in private negotiations concluded late Friday, a trader in Seoul said Monday.

Toepfer will supply the cargo at US$132.25/tonne, cost and freight, excluding a second port discharge premium of US$1/tonne. The cargo will arrive at either Kunsan or Ulsan port June 15.