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Taiwan's MFIG offers to purchase up to 65,000 metric tonnes corn

Posted to Maritime Reporter on September 20, 2024

European traders reported on Friday that Taiwan's MFIG buying group had issued an international tender for up to 65,000 metric tonnes of animal feed corn, which could be sourced in the United States, Brazil, or South Africa.

They said that the deadline for submitting price offers to the tender is September 25.

MFIG is seeking price offers for a consignment between 40,000 and 65,000 tons of yellow corn at a premium to the Chicago March 2025 Corn Contract.

If the corn comes from the U.S. Gulf, or Brazil traders have said that a shipment is needed between November 17 and December 6.

Shipments from the U.S. Pacific Northwest Coast or South Africa are required between December 2 and 21.

Traders said Argentina was not listed on the list of accepted origins. Michael Hogan reports.

(source: Reuters)

Tags: Transportation Marine Services Asia East Asia

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