July 27, 2005

South Korea KFA Seoul buys 55,000 tonnes soymeal from Cargill

Seoul-based Korea Feed Association bought 55,000 tonnes of South American soymeal from trading firm Cargill in a tender concluded Tuesday, a KFA official said.

KFA Seoul bought one cargo of South American soymeal at $249.63/tonne, cost and freight, for arrival at the port of Incheon Nov 20, the official said.

Cargill would provide 45.5 percent protein content soymeal, the official said.