March 17, 2004

South Korea Feed Group Buys 15,000MT Indian Soymeal
 
The Korean Feed Association in Seoul bought 15,000 metric tons of Indian soybean meal from Wilmar via private talks Tuesday, said a South Korean trader familiar with the deal.
 
The deal was concluded at US$367 a ton, cost and freight, for Incheon delivery with arrival June 10.
 
Feb. 11, KFA bought 15,000 metric tons of optional-origin corn from Noble Group via private talks. Noble has the option of delivering Chinese, Indonesian, Thai, Indian or Malaysian corn in the deal, set at $170.90/ton, cost and freight basis to Incheon.