September 20, 2006

Taiwan's BSPA buys 60,000 tonnes US soybeans from Cargill

Taiwan's Breakfast Soybean Procurement Association (BSPA) bought 60,000 tonnes of US-origin soybeans from trading house Cargill in a tender concluded Tuesday (Sep 19), an association official said.

The cargo will be supplied at a premium of 181.32 US cents a bushel above the Chicago Board of Trade January contract.

The soybeans will be shipped from Pacific Northwest and arrive Taiwan between Oct 15 and Oct 29, the official said.