November 25, 2004

Taiwan TFMA Buys 43,000 MT US Wheat from Mitsui in Tender

The Taiwan Flour Millers Association bought 43,000 metric tons of US No. 1 wheat from Japanese trading house Mitsui in a tender concluded Wednesday, according to a TFMA official said.

TFMA bought one cargo of US milling wheat at prices ranging from $149.47-$189.18 a ton, free on board from the Columbia River District, including Portland, the official said.

An additional $44.30/ton freight rate will be charged on top of all FOB prices.

Below are the details of the tender:

Quantity      Varieties                                Prices

(tons)       (% of protein)                          ($/ton)

22,450      Dark Northern Spring 14%         189.18

13,920      Hard Red Winter 13%                162.73

 6,630       Western White 10.5% maximum 149.47