Feed corn prices fell slightly at the auction in South Korea, with over 200,000 tons purchased, originating from the USA, South Africa, or South America.
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South Korean company Nonghyup Feed Inc. (NOFI) has purchased 204,000 tons of feed corn from the U.S., South Africa, or South America at an international tender, reported the electronic edition APK-Inform, citing its sources among market participants. The winner of the tender is CHS, which will supply the entire agreed quantity, with two batches of 68,000 tons each purchased for $243.98 per ton C&F with delivery between February 5 and February 15, 2026, and the third with the same quantity for $245.16 per ton C&F with delivery by February 28. An additional fee of $1.50 per ton for unloading at a reserve port is provided for all three batches. For comparison – at the previous tender for the import of feed corn to South Korea held a week earlier, the delivery of 67,000 tons was agreed, of which 38,850 tons were purchased for ...
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