October 21, 2004

South Korea KFA Seoul Buys 55,000 MT Soymeal From Cargill

The Seoul-based branch of Korea Feed Association bought 55,000 metric tons of South American soymeal from trading house Cargill in a tender concluded Wednesday, said an official at KFA Seoul.

Cargill sold one cargo of soymeal at $229.90 a ton, cost and freight to the port of Incheon. The cargo is set to be shipped between Nov. 27-Dec. 16 from South America, the official said.