South Korea: large amount of rice used as feed
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Last Update: 2002-08-07
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Source: Internet
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Author: User
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Lead: world rice information network, Aug 5 news: according to an official of South Korea's Ministry of agriculture, South Korea will supply feed market with 290000-400000 tons of surplus rice from the stock before October, so as to make room for the newly purchased rice by the government At present, the government is negotiating specific prices and quantities with the feed industry The selling price is expected to be around $84 per ton According to South Korean officials, Guancang's stock of rice as of the end of October is expected to increase by 560000 tons from 1.9 million tons in the same period last year South Korea canceled plans to provide about 300000 tons of rice to North Korea after a maritime conflict with North Korea on July 29.
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