Live Updates > Live Update Details
2025-10-28 17:25:59
South Korea Makes a Massive Purchase of 200,000 Tons of Corn, Ensuring Global Supply Through Multiple Channels. (1) Nonghyup Feed, a major South Korean feed manufacturer, purchased approximately 204,000 tons of animal feed corn through an international tender on Tuesday, approaching its maximum purchase target of 207,000 tons. (2) The purchase is divided into three batches, expected to arrive in South Korea in February 2026, with flexible sourcing options from the United States, South America, or South Africa. (3) The transaction prices were $243.98 and $245.16 per ton, respectively, at cost and freight, with an additional port unloading fee of $1.50 per ton. All corn was sold by trader CHS.
