Feed corn importers in South Korea are also trying private deals.

The South Korean company Feed Leaders Committee (FLC) has purchased around 130 thousand tons of feed corn of optional origin at an international tender, reported the online edition APK-Inform, citing its sources among market participants. The corn was purchased in two lots, with the first of 65 thousand to 70 thousand tons (the exact quantity to be specified by the seller by January 15) to be supplied by the company CHS for $247.72 per ton C&F plus $1.50 per ton for unloading at a reserve port with delivery by April 4, 2026, and the second of 65 thousand tons by CJ International for $248.02 per ton C&F plus $1.20 per ton for unloading at a reserve port with delivery by April 9. For comparison – at the last tender for the import of feed wheat in South Korea held last week, three lots of 65 thousand tons each were purchased for $249.46 per ton C&F plus $1.25 per ton for unloading at a reserve port, and at the tender in Taiwan two weeks ago, the delivery of 65 thousand tons of U.S. ...