December 2, 2004

South Korea's KFA Buys 157,500 MT US Corn from Cargill

Seoul-based Korea Feed Association bought 157,500 metric tons of US No. 2 corn from trading house Cargill in a buy tender concluded late Wednesday, according to a KFA official Thursday.

KFA Seoul branch bought three 52,500-tons cargoes at $153.94 a ton, cost and freight to the port of Incheon Feb. 20, March 10 and March 25, the official said.