January 10, 2012

Nonghyup Feed acquires 55,000 tonnes feed wheat in tender

Nonghyup Feed (NOFI ) bought 55,000 tonnes of optional-origin feed wheat in a tender for the same volume which closed on Monday (Jan 9), European traders said.

The wheat was bought at US$264.73 a tonne c&f, traders said.

The tender had sought wheat for arrival on March 15 to South Korea's ports of Incheon, Pyontaek, Kunsan and Ulsan.