South Korea purchased 100 thousand tons of milling wheat
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South Korea millers purchased 100,000 tons of milling wheat from the United States and Canada through an international tender. CHS supplied 50,000 tons of US wheat varieties, while Paterson sold 50,000 tons of Canadian CWRS wheat for September-October delivery.
A group of South Korean millers purchased 100,000 tons of milling wheat from the US and Canada at a tender, Reuters reported.
CHS purchased 50,000 tons of wheat from the US for delivery September 15-30 on a FOB basis:
- 25,460 tons of soft white wheat (SWW) with a protein content of 9.5-11% at a price of $252.97 per ton;
- 10,310 tons of hard red wheat (HRW) with a protein content of 11.5% at a price of $293.66 per ton;
- 14,230 tons of dark northern spring wheat (DNS) with a protein content of 14% at a price of $301.56 per ton.
Paterson purchased 50,000 tons of Canadian red wheat CWRS for delivery September 19-October 15 on a FOB basis at a price of approximately $295 per ton.
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Source : Ukr Agro Consult
