July 10, 2006

South Korea's NOFI buys 52,500 tonnes of wheat in tender

South Korea's Nonghyup Feed Inc (NOFI) has bought 52,500 tonnes of optional-origin feed wheat from trading house Concordia in a tender concluded late Friday (Jul 7), said a trader in Seoul.

The wheat will be supplied at US$158.75/tonne, and reach either Inchon, Ulsan or Kunsan port Nov 10.