Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS


November 17, 2011

 

Korea Feed Association purchases 55,000 tonnes wheat from GrainCorp

 

 

Korea Feed Association has bought a 55,000-tonne cargo of optional-origin feed wheat from Australia's GrainCorp Ltd at US$259.79 per tonne, basis cost and freight for arrival by March 5.

 

The price is 10 cents/tonne lower than what Major Feedmill Group and KFA's Busan branch paid for 110,000 tonnes of feed wheat purchased from STX Corp. and Hamburg-based Alfred C. Toepfer International.

 

Traders said it is one of the lowest prices South Korea has paid for feed wheat in more than a year.

 

South Korea's feed wheat imports costs have declined 5% since end-June, when purchases were made at US$273.90 per tonne.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read