HAMBURG: South Korea's Major Feedmill Group (MFG) is believed to have rejected all offers and made no purchase in a tender for up to 70,000 tonnes of feed wheat which closed on Tuesday, European traders said.
Offers were regarded as too high.
Lowest offer was thought to be around $255 a tonne c&f.
The tender had sought wheat sourced from worldwide origins for arrival in South Korea around Jan. 30, 2021.
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