NOFI purchased 69 thousand tons of corn

South Korean Nonghyup Feed Inc. (NOFI) earlier this week bought 69 thousand tons of maize from South America a direct deal with Cargill. For the price of 105.00 cents per bushel over C & F July contract maize Chicago. Delivery will be by July 30.

The deal was made after NOFI rejected all offers and do not shop in the international tender for the purchase of up to 140,000 tons of maize.

see related news:

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