20.
01.17
12:04

Consortium from South Korea buys wheat in the United States and Australia

A consortium of South Korean Mills bought over 100,000 tonnes of milling wheat in the United States and around 87.500 tonnes of milling wheat in Australia. European dealer log on today, Friday.
The tender offer period ended yesterday.
US wheat was purchased as follows:
35,000 metric tons for delivery in June, which includes:
8,400 tons of hard red winter wheat 12.5% protein for the price of $206,10 per tonne FOB
26,600 tons of dark northern spring wheat 14% protein for the price of $254 per tonne FOB
35,000 metric tons for delivery in June, which includes:
31.450 tons of soft White Wheat 10,5% protein for the price of $173,53 per tonne FOB
3,550 tons of soft White Wheat 8.5% protein for the price of $204,44 per tonne FOB
30,500 metric tons for delivery in the period June 5 until August 5, which includes:
14,200 tons standard white wheat 10.3%-11.0% protein for the price of $214,75 per tonne FOB
6,500 tons of hard red winter wheat 11.5% protein for the price of $206,16 per tonne FOB
9,800 tons of dark northern spring wheat 14% protein for the price of $253,13 per tonne FOB
Australia purchased wheat as follows:
54,500 tons for delivery in June, which includes:
42,500 tons standard white wheat 10.3 11.0% protein for the price of $214,75 per tonne FOB
6,000 tons of hard wheat 11.5% protein for the price of $230.00 per tonne FOB
6,000 tons of Premium White 10.5% protein for the price of $210.00 per tonne FOB
A total of 33,000 tonnes for delivery mid-June to mid-July more
Australian standard White 10.3 - 11.0% protein for the price of $215,50 per tonne FOB
Hard red winter wheat min. 11.5% protein for the price of $230.00 per tonne FOB
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