August 14, 2007

South Korea's Nonghyup Feed buys 45,000 tonnes of Chinese corn

South Korea's Nonghyup Feed Inc. has bought 45,000 tonnes of Chinese corn from a Chinese trading house, traders said on Monday (August 13).

Dalian Huaxing Enterprises Co. will provide the corn at US$223.9 per tonne, including cost and freight, by October 5.

The purchase was made late last week, traders said.