South Korea's NOFI bought 66,000 T corn in private deal last week

• NOFI's corn was purchased at around $212.30 a tonne c&f plus a $1.25 a tonne surcharge for additional port unloading for arrival in South Korea around May 20.
• The deal continued a series of corn purchases by Korean importers last week.

HAMBURG: South Korea's largest feedmaker Nonghyup Feed Inc. (NOFI) purchased about 66,000 tonnes of corn to be sourced from optional worldwide origins in a private deal last week without issuing an international tender, European traders said on Monday.

The deal continued a series of corn purchases by Korean importers last week.

NOFI's corn was purchased at around $212.30 a tonne c&f plus a $1.25 a tonne surcharge for additional port unloading for arrival in South Korea around May 20.

Seller was believed to be trading house Cargill.