By Sameer C. Mohindru
South Korea's Major Feedmill Group has bought a
55,000-metric-ton cargo of optional-origin feed wheat from Quadra
Commodities at $299.49/ton, basis cost and freight, for arrival by
Jan. 15, trading executives said Friday.
This takes total South Korean corn, wheat and oilmeal purchases
since Tuesday to 13 cargoes totalling more than 710,000 tons,
according to deals tracked by Dow Jones.
There is an additional charge of $1.50/ton if part of the cargo
is unloaded at a second port, the executives said.
On Tuesday, South Korea's largest animal feed manufacturer,
Nonghyup Feed Inc., or Nofi, had bought a 65,000-ton cargo of
optional-origin feed wheat around the same price for arrival by
Feb. 10 from Glencore.
Write to Sameer C. Mohindru at sameer.mohindru@dowjones.com
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