November 15, 2004

South Korea MFG Buys Up To 30,000 MT Chinese Corn From Noble

South Korea's Major Feedmill Group bought up to 30,000 metric tons of Chinese corn from trading house Noble in an invitation-only tender concluded Friday, said an MFG official.

MFG bought one cargo of 20,000-30,000 tons of Chinese corn at $144.38 a ton, after cost and freight, the official said.

Noble will disclose the final quantity by Nov. 19, according to the official.