South Korea's MFG buys about 120,000 T feed wheat

HAMBURG: South Korea's Major Feedmill Group (MFG) purchased about 120,000 tonnes of feed wheat which can be sourced from optional origins in a tender on Wednesday, European traders said.

The wheat was purchased in two consignments each of around 60,000 tonnes.

One consignment was bought at around $214.95 a tonne c&f from trading house Glencore for shipment between Aug.15 and Sept. 15, they said.

The second was bought at $215.95 tonne c&f from Olam for shipment between Sept. 15 and Oct. 15.