April 27, 2004

Taiwan Feed Group To Buy 56,000 MT US Corn

Taiwan's Members Feed Industry Group is seeking 42,000 or 56,000 metric tons of U.S. No. 2 yellow corn in a tender to be held at 0700 GMT Tuesday, a Taipei-based trader who received the tender notice said.
 
Sellers can choose to supply 5% more or less of either 42,000 tons or 56,000 tons, whichever offer is more attractive. MFIG sets all other conditions identical for the two quantities. The company will only buy the lower offer between the two tender results.