The corn might be used for animal feed
11 April 2024
2 minute learn
South Korea’s Primary Feedmill Crew (MFG) has issued a global delicate to buy as much as 140,000 metric lots of animal feed corn to be sourced from non-compulsory origins, Reuters reported, bringing up Eu buyers on Thursday.
The cut-off date for submission of worth provides within the delicate is Thursday, April 11.
The corn is searched for arrival in South Korea in July in two consignments of 55,000 to 70,000 lots.
South Korean importers ceaselessly acquire upfront of the per thirty days international provide and insist file from america Division of Agriculture (USDA), which continuously reasons marketplace turbulence and is due in a while Thursday.
Value provides within the MFG delicate are sought each in outright phrases according to ton price and freight incorporated (c&f) or at a top class over the Chicago Might 2024 corn contract.
Cargo of the primary consignment for arrival in South Korea round July 22 used to be sought between June 18-July 7 if sourced from america Pacific Northwest coast, between Might 29-June 17 from america Gulf or Europe/Black Sea area, between Might 19 and June 7 if from South The united states or June 3-June 22 from South Africa.
Cargo of the second one consignment for arrival in South Korea round July 30 used to be sought between June 26-July 15 if sourced from america Pacific Northwest coast, between June 6-June 25 from america Gulf or Europe/Black Sea area, between Might 19-June 7 if from South The united states or June 3-June 22 from South Africa.