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October 8, 2013

 

Taiwan buys 60,000 tonnes of Brazilian corn from Cargill

 

 

Taiwan Maize Industry Procurement Association has purchased a shipment of 60,000 tonnes of Brazilian corn from Cargill.

 

Traders said that the shipment is scheduled between November 26 and December 10, with prices fixed at an additional US$1.57/bushel above March futures contract prices on CBOT. 

 

Taking advantage of the latest fall in corn prices, Asian buyers are ramping up imports of corn.

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