August 27, 2004

South Korea CJ Corp Buys 19,000 MT US No.1 Wheat From Cargill

South Korea's CJ Corp. bought 19,000 metric tons of U.S. No. 1 wheat from trading house Cargill in a tender concluded Thursday, said a Seoul-based company official.
 
CJ Corp. bought one cargo of U.S. milling wheat to be shipped between Nov. 1-30 from the Pacific Northwest to the port of Incheon, the official said.
 
The cargo will be divided between CJ Corp. and Dongah Flour Mills Co., the official said.
 
Below are the details of CJ Corp.'s buy tender Thursday:
 
Quantity          Variety                               Prices
(tons)                                                      ($/ton)
7,000             Soft White 10.5% protein         145.69
2,000             Soft White 9.5% protein          146.43
1,500             Soft White 8.5% protein          150.84
4,900             Hard Red Winter                    149.37
3,600             Dark Northern Spring             163.73