South Korea's MFG buys 65,000 tonnes feed wheat

HAMBURG: South Korea's Major Feedmill Group (MFG) purchased around 65,000 tonnes of feed wheat which can be sourced from optional origins in a deal on Friday, European traders said.

The MFG was still considering offers in a separate tender for up to 70,000 tonnes of corn for arrival around Dec. 5, 2017, they said.

The feed wheat was purchased at about $196 tonne c&f plus a $1.25 a tonne surcharge for additional port unloading, they said. The wheat was for shipment in November 2017 for arrival around Jan. 5, 2018, they said.