July 12, 2006

Taiwan's BSPA buys 60,000 tonnes of Brazilian soybeans

The Kaohsiung branch of Taiwan's Breakfast Soybean Procurement Association, or BSPA, bought 60,000 tonnes of Brazil-origin soybeans from trading house Cargill in a tender concluded Tuesday (Jul 11), said a trader in Taipei.

Cargill will supply the soybeans at a premium of 122 US cents a bushel above the Chicago Board of Trade's November contract.

The shipment will reach Taiwan between Aug 11 and Aug 25.