Saturday, October 14, 2017

Export Summary-South Korea buys corn

CHICAGO, Oct 13 (Reuters) - The following is a snapshot of global export markets for grains, oilseeds and edible oils as reported by government and private sources as of the close of business on Friday:
CORN PURCHASE: South Korea's Korea Corn Processing Industry Association (KOCOPIA) purchased about 60,000 tonnes of corn thought likely to be sourced from the United States in a tender which closed on Friday, European traders said. The corn was purchased at about $191.30 a tonne c&f including surcharge for additional port unloading for arrival in South Korea around Jan. 25.
PENDING TENDERS:
WHEAT TENDER: Iraq's state grain buyer is seeking 50,000 tonnes of wheat in a tender, Baghdad-based traders said. The deadline for offers is Oct. 16 and offers must remain valid until Oct. 22, the sources said. Iraq is seeking wheat of U.S., Canadian and Australian origins, at the seller's option.
WHEAT FLOUR TENDER: The state purchasing agency in Mauritius issued an international tender to buy 52,825 tonnes of wheat flour to be sourced from optional origins, European traders said. Tender deadline is Oct. 16. Shipment was sought between Jan. 1 to Dec. 31, 2018, in a series of consignments, they said.
RICE TENDER: Iraq's state grain buyer is seeking 30,000 tonnes of rice of any origin, traders said. The deadline for the offers is Oct. 16 and offers should remain valid until Oct. 22, they said.
WHEAT TENDER: The Ethiopian government issued an international tender to buy about 400,000 tonnes of milling wheat, European traders said. The tender deadline is Oct. 17. Origin is optional and delivery is sought up to Feb. 7.
BARLEY TENDER: Jordan's state grain buyer issued an international tender to purchase 100,000 tonnes of animal feed barley to be sourced from optional origins, European traders said. Tender deadline is Oct. 17.
WHEAT TENDER: Jordan's state grains buyer again issued an international tender to purchase 100,000 tonnes of hard milling wheat which can be sourced from optional origins, European traders said. The tender closes on Oct. 18, they said. A new tender had been expected after Jordan made no purchase in its previous tender for 100,000 tonnes on Wednesday, when only one trading house was said to have taken part.FEED WHEAT AND BARLEY TENDER UPDATE: Japan's Ministry of Agriculture said it received no offers for feed-quality wheat or barley in a simultaneous buy and sell (SBS) auction that closed late on Wednesday. The ministry had sought 120,000 tonnes of feed wheat and 200,000 tonnes of feed barley in the tender that is usually conducted weekly. It is seeking the same amounts for each grain in a similar tender that will be held on Oct. 18.

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