November 25, 2004

South Korea MFG to Seek Up to 55,000 MT Wheat in Tender Friday

Members of South Korea's Major Feedmill Group will seek up to 55,000 metric tons of optional-origin feed wheat in a buy tender to be held at 0700 GMT Friday, according to a company official on Thursday.

MFG will buy either one big cargo of 50,000 tons of feed wheat, or 55,000 tons divided into three smaller cargoes, the official said.

Below are the details of MFG's buy tender Friday:

Quantity       Arrival Date          Destination Ports

(tons)

50,000         Feb. 15               Kunsan, Ulsan

or

25,000         Feb. 15               Kunsan, Ulsan

15,000         Feb. 15               Ulsan

15,000         Feb. 20               Kunsan