South Korea’s MFG tenders for up to 140,000 tons corn, traders say
HAMBURG: South Korea’s Major Feedmill Group (MFG) has issued an international tender to purchase up to 140,000 metric tons of animal feed corn, European traders said on Thursday. The corn is sought for arrival in South Korea in January 2027 in two consignments of 55,000 to 70,000 tons. Chicago corn edges higher as traders await key USDA supply outlook The deadline for submission of price offers…
South Korea’s Major Feedmill Group (MFG) has issued an international tender to purchase up to 140,000 metric tons of animal feed corn. According to Business Recorder, the corn is sought for arrival in South Korea in January 2027 in two consignments of 55,000 to 70,000 tons.
The tender comes as South Korean companies are making other plans. PanStar Group, as reported by Japan Times, is considering expanding its Arctic container voyages from next year.
In other news, SK Hynix’s South Korean union has approved a tentative wage agreement with management, as reported by CNA - Business. The agreement was approved by 57.1 per cent of voting union members.
Brief written by urgent.news from Business Recorder, Japan Times, CNA - Business — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.