October 27, 2005

South Korea's KFA Seoul buys 55,000 tonnes corn from Cargill

The Seoul-based Korea Feed Association bought 55,000 tonnes of US No. 3 corn from trading house Cargill in private negotiations concluded Wednesday, a Seoul-based trader said Thursday.

KFA Seoul bought one cargo of corn at US$140.40/tonne, cost and freight to the port of Incheon January 15, 2006, the trader said.