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HAMBURG: South Korea's Feed Leaders Committee (FLC) purchased about 60,000 tonnes of corn, 60,000 tonnes of feed wheat an 60,000 tonnes of soymeal in private deals on Wednesday without issuing an international tender, European traders said on Thursday.

The corn was purchased at some $213.99 a tonne c&f plus a $1.25 a tonne surcharge for additional port unloading.

Seller was said to be trading house Cofco and the corn was for arrival in South Korea around Nov. 10.

The feed wheat was purchased at some $216.00 a tonne c&f plus a $1.00 a tonne surcharge for additional port unloading.

Seller was believed to be trading house Glencore and the wheat was for arrival in South Korea around Nov. 5.

The soymeal was purchased at some $382.50 a tonne c&f including a surcharge for additional port unloading.

Seller was believed to be trading house Cargill and the soymeal was for arrival in South Korea around Nov. 15.

Copyright Reuters, 2019

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