10.
10.16
12:37

South Korean Mills to buy 100,000 tonnes of wheat of Australian origin

A group of South Korean Mills, spearheaded by the Daehan flour mill, bought 100,000 tons of wheat, Australian origin, in the framework of an international tender procedure as a whole. Different qualities to the 50,000 tonnes have been purchased.
Delivery 15-28 February
45.350 tons of Australian standard White Wheat (10.3 - 11.0% protein) at a price of $206,50 per tonne FOB
4.650 tons of Australian hard wheat (minimum 11.5% protein) at a price of $218 per tonne FOB seller was the trading house of CBH
Delivery March 1-15
40,000 tons of Australian standard White Wheat (10.3 - 11.0% protein) at a price of $206,50 per tonne FOB
5,200 tonnes of Australian hard wheat (minimum 11.5% protein) at a price of $217,50 per tonne FOB
4,800 tons of Australian premium wheat (minimum 10.5% protein) at a price of $199.00 / FOB
Australia expects a large wheat harvest this year, but recent precipitation result in yield losses.
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