In South Korea, a private deal was preferred for the feed wheat, but even in this situation, the price increased compared to the auction three weeks ago.
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Following private deals this week for feed corn by South Korean importers, Major Feedmill Group (MFG) has also privately agreed to purchase around 65,000 tons of feed wheat of optional origin without grain from Russia, China, Pakistan, Argentina, and Denmark, reported the electronic edition of APK-Inform, citing its sources among market participants. The deal was made with Cargill, which will supply the wheat at $264.30 per ton C&F plus $1.50 per ton for unloading at a reserve port. For comparison, feed wheat was last ...
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