Adds element, cargo durations from doable international origins
HAMBURG, July 12 (Reuters) – South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued a global tender to buy as much as 138,000 tonnes of animal feed corn to be sourced from non-compulsory origins, European merchants mentioned on Monday.
The tender additionally closes on Monday, July 12, they mentioned.
Two different Korean import teams, the KFA and MFG, additionally issued worldwide tenders for corn on Monday. GRA/TEND
Merchants mentioned a 12% fall in Chicago corn costs final week coupled with uncertainty about market traits forward of a significant U.S. Division of Agriculture (USDA) world crop report afterward Monday sparked Asian buy curiosity.
NOFI sought yellow corn equal to U.S. quantity 2 grade or higher in two consignments of between 45,000 to 69,000 tonnes with the vendor free to determine the amount to be provided inside this vary.
The primary consignment is looked for arrival in South Korea round Oct. 25.
If sourced from the U.S. Pacific Northwest coast, cargo of the primary consignment is between Sept. 22 and Oct. 11, if from the U.S. Gulf or east Europe between Sept. 2 and Sept. 21, if from South America between Oct. 28 and Sept 16 or from South Africa between Sept. 7 and Sept. 26.
The second consignment is looked for arrival in South Korea round Nov. 5.
If sourced from the U.S. Pacific Northwest coast, cargo is between Oct. three and Oct. 22, if from the U.S. Gulf or east Europe between Sept. 13 and Oct. 2, if from South America between Sept. eight and Sept. 27 or from South Africa between Sept. 18 and Oct. 7.
(Reporting by Michael Hogan; Enhancing by Edmund Blair)
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