South Korean corn and soybean meal buyers take a low attitude

Introduction: [Korean corn and soybean meal buyers take a low attitude] most feed corn importers are expected to take a low attitude this week, mainly focusing on the market price trend, because these importers have purchased wheat until June That's what traders say Last week, the Korean Feed Association bought 105000 tons of corn from unlimited sources, excluding those from China, with the shipment due in early July Another feed processing group, the South Korean national agricultural cooperative, has bought 90000 tons of corn This batch of corn includes 525000 tons of corn of unlimited origin, which arrived on June 30 In addition, there are three ships of 12500 tons of Chinese corn, which arrived at the end of May In terms of edible corn, the Korean Corn Processing Industry Association (kocopia) bought two ships of 52500 tons of us No 2 corn through a tender meeting on Friday The shipping schedule is in the middle of September and at the end of September On Friday, at the same time, South Korean feed purchasing group bought 50000 tons of American or South American soybean meal, and the seller could choose the place of origin, and arrived at Incheon port on July 31 South Korean soybean meal importers will be out of the market for a while, unless they start to purchase soybean meal in August Traders said At present, the freight rate of Panamax class freighters from Pacific Northwest port at sight has dropped from $16.50 a ton a week ago to $16.25 a ton, and the freight rate of US Gulf at sight has also dropped from $22.70 a ton last week to $22.70 The above is the information disclosed by the traders of the Pan Ocean Shipping Company China feed industry information network nee