May 23, 2006

South Korean feed company may buy 275,000 tonnes of corn
 

A South Korean feed-buying house may come out with a tender to buy 275,000 tonnes of corn for September-October shipment over the next 10 days, traders in Seoul said Monday (May 22).

South Korea has stepped up its corn buying over past several weeks, mostly for feed purposes. Korea's Major Feedmill Group said it is seeking 107,500 tonnes of feed corn in a recent tender.