July 2, 2007

South Korea's KFA buys 110,000 tonnes of corn via tender
 

The Seoul branch of the Korea Feed Association has bought 110,000 metric tonnes of US-origin corn in a tender concluded Friday (June 29).

The first shipment of 55,000 tonnes will be supplied by trading house Toepfer at US$223.88/tonne, on a cost and freight basis, to be delivered in South Korea November 30.

The second shipment will be supplied by trading house Mitsubishi for US$224.28 per tonne, for delivery on December 15.