September 10, 2007

South Korea to buy 110,000 tonnes of corn

The Korea Corn Processing Industry Association has issued a tender to buy 110,000 tonnes of optional-origin, non-genetically modified corn, traders said on Friday.

The group is seeking two lots of 55,000 tonnes each for Nov. 20 and Nov. 25 arrivals.

The tender to purchase the food-grade corn is due to close at 4 p.m. (0700 GMT) on Friday.