February 19, 2004

South Korea CJ Corp To Buy 21,800MT Wheat
 
South Korean flour miller CJ Corp. is seeking offers by 0500 GMT Friday to buy 21,800 metric tons of U.S. milling wheat, a Seoul-based trader said Thursday.
 
Shipment dates will be April 10-May 10 from the U.S. Pacific Northwest, said the trader.
 
Jan. 15, CJ Corp. bought 25,000 tons of U.S. wheat from United Harvest in a joint tender with Dongah Flour Mills Co., Daehan Flour Mills Co. and Youngnam Flour Mills Co.
 
In that tender, prices for the various grades were settled in a range of $153.05-$181.29/ton, free-on-board, with shipment dates set March 1-31 for delivery to Busan.