February 25, 2005

Taiwan TFMA buys 51,000 MT US wheat from CGI

The Taiwan Flour Millers Association bought 51,000 metric tons of US No. 1 wheat from trading house Columbia Grains International in a tender concluded Thursday, said a Taipei-based trader.

TFMA bought one cargo of milling wheat at prices ranging from $149.23-$183.91 per ton, free on board April 15-30 from the Columbia River District, including Portland.

TFMA also chartered a freight from Hsin Chien Marine at $41.38/ton, for one discharging port at Taichung, the trader said.

Below are details of the buy tender:

Quantity      Variety                                Prices

(tons)        (% of protein)                         ($/ton)

25,580        Dark Northern Spring 14%      183.91

12,490        Hard Red Winter 13%              162.99

 8,080        Western White 10.5%              149.23

 4,850        Hard White Wheat 12.5%          163.20