July 19, 2004

South Korea KFA Busan, MFG Bought 20,000 MT Feedwheat From Wilmar

The Korea Feed Association's Busan branch and Major Feedmill Group bought 20,000 metric tons of Chinese feedwheat from Singaporean trading house Wilmar in a private negotiation concluded last week, a Seoul- based KFA official said.

KFA Busan and MFG bought one cargo of Chinese feedwheat at $152 a ton, cost and freight basis, to be delivered to the ports of Kunsan and Ulsan, the company official said. Delivery at Kunsan is scheduled for Sept. 15.