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South Korea's MFG purchased 68,000 tons corn in a private deal, traders claim

Posted to Maritime Reporter on October 15, 2025

Major Feedmill Group of South Korea (MFG) bought 68,000 metric tonnes of animal feed corn on Wednesday in a private transaction without holding an international tender. The estimated cost and freight was $234.80 per ton plus an additional $1.50 for port unloading.

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

Posted to Maritime Reporter on October 14, 2025

European traders reported on Tuesday 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, Argentina Brazil or South Africa. They said…

Saudi Arabia purchases 455,000 tons wheat through a tender

Posted to Maritime Reporter on October 6, 2025

The General Food Security Authority of Saudi Arabia (GFSA) announced on Monday that the country purchased 455,000 metric tonnes of wheat at an international tender in December and early January. In a press release, Ahmad Al-Fares, CEO of GFSA…

Traders say China has bought the majority of 40 Argentina soybean cargoes for November-December this week.

Posted to Maritime Reporter on September 26, 2025

Two traders said that around 40 Argentinean soybean cargoes had been registered for export during the export tax suspension this week, most of which were headed to China. These purchases directly impacted the U.S. prime marketing season. The two Asian traders reported on Friday that a total of 2…

Source: Cathay Petroleum and Brazil's Prio in a marketing agreement

Posted to Maritime Reporter on September 26, 2025

A trading executive who has direct knowledge of this deal confirmed that the Asian trading firm Cathay Petroleum had agreed to an annual marketing deal for Brazilian crude oil throughout the Asia-Pacific region on behalf of independent producer Prio.

China increases its soybean purchases from Argentina to 20 cargoes.

Posted to Maritime Reporter on September 24, 2025

Traders said that Chinese importers continued to purchase Argentine soya beans at a rapid pace after the South American supplier temporarily reduced its export taxes, allowing it to compete with other suppliers. These purchases are eroding the U.S.'s market share…

China purchases Argentine soya beans after tax cut, leaving US farmers behind

Posted to Maritime Reporter on September 23, 2025

Three traders reported that Chinese buyers had purchased at least 10 loads of Argentine soya beans after Buenos Aires abolished grain export taxes. This is a further blow to U.S. soybean farmers who are already unable to access their largest market due low prices and have been shut out.

China purchases Argentine soya beans after the tax cut, leaving US farmers behind

Posted to Maritime Reporter on September 23, 2025

Three traders reported that Chinese buyers had purchased at least 10 loads of Argentine soya beans after Buenos Aires abolished grain export taxes. This is a further blow to U.S. soybean farmers who are already unable to access their largest market due low prices and have been shut out.

Bousso: Oil traders get a headache from blind spots in the market.

Posted to Maritime Reporter on September 18, 2025

Geopolitics is causing oil markets to become more blind, making it difficult to accurately determine the supply-demand balance on the largest and most important commodity exchange in the world. This is a recipe for instability. There is little…

South Korea's MFG again tenders for up to 70,000 tonnes corn

Posted to Maritime Reporter on September 11, 2025

Major Feedmill Group of South Korea (MFG) issued a tender for the purchase of up to 70,000 tons animal feed corn. European traders announced this on Thursday. A consignment of between 55,000 and 70,000 tons is required to arrive in South Korea by January 10.

Sources: China increases soybean purchases from Argentina and Uruguay amid US Trade War

Posted to Maritime Reporter on August 29, 2025

According to two sources, China's importers of soybeans are increasing their purchases from Argentina and Uruguay in the coming year to make up for the lack of U.S. shipments due to the ongoing trade war between Washington and Beijing. Sources…

South Korea's MFG bids for 60,000 tons of soymeal

Posted to Maritime Reporter on August 28, 2025

Major Feedmill Group in South Korea (MFG) issued a tender for up to 60,000 tons of soymeal. European traders confirmed this on Thursday. The deadline to submit price offers for the tender is Thursday, 28 August. A consignment weighing between 40…

Singapore's Keppel claims $53 million from Seatrium in a corruption case involving Brazil

Posted to Maritime Reporter on August 26, 2025

Singapore's Keppel initiated arbitration proceedings on Tuesday against the local shipbuilder Seatrium over a S$68.4million ($53.33million) claim relating to a Brazilian corruption crackdown. Seatrium made a provision of S$82.4m in 2022 to pay Keppel for claims relating to Operation Car Wash…

Brazil's Petrobras plans to increase production at three FPSOs

Posted to Maritime Reporter on August 18, 2025

Sylvia dos Anjos said that the Brazilian state-run Petrobras wants to increase production on three offshore floating production platforms it operates. Anjos stated that the production at the Almirante-Tamandare FPSO of the company in Buzios could be increased from 225…

South Korea's MFG bids for around 70,000 tons corn, traders claim

Posted to Maritime Reporter on August 13, 2025

European traders reported on Wednesday that the Major Feedmill Group of South Korea (MFG) had issued an international bid to buy around 70,000 tons of animal feed. Only corn from South America and South Africa is acceptable for delivery to South Korea by December.

The FLC of South Korea has announced a tender to purchase up to 69,000 tonnes of corn

Posted to Maritime Reporter on August 13, 2025

European traders reported on Wednesday that the Feed Leaders Committee of South Korea (FLC) had issued an international tender for the purchase of 52,000-69,900 metric tons animal feed corn. The deadline to submit price offers for the tender is Wednesday…

South Korea's MFG purchases around 68,000 T of corn, traders claim

Posted to Maritime Reporter on August 6, 2025

European traders reported that South Korea's Major Feedmill Group, or MFG, purchased approximately 68,000 metric tonnes of animal feed corn at an international auction on Wednesday. The group was looking for up to 140,000 metric tons only from South America and South Africa.

South Korea's MFG bids up to 140,000 t corn, traders claim

Posted to Maritime Reporter on August 5, 2025

European traders reported on Tuesday that the Major Feedmill Group of South Korea (MFG) had issued a tender for up to 140.000 metric tons animal feed corn. Only corn from South America and South Africa is acceptable. The deadline to submit price offers is on Wednesday, 6 August.

NOFI South Korea to purchase up to 207,000 t corn

Posted to Maritime Reporter on July 30, 2025

European traders reported on Wednesday that the leading South Korean feedmaker Nonghyup Feed Inc. has announced an international tender for up to 207,500 metric tons animal feed corn. The deadline to submit price offers for the tender is Wednesday, 30 July.

The FLC of South Korea has won a tender to purchase up to 69,000 T of corn

Posted to Maritime Reporter on July 9, 2025

European traders reported on Wednesday that the Feed Leaders Committee of South Korea (FLC) had issued an international tender for purchase between 52,000 to 69,000 metric tonnes of animal feed corn. The deadline to submit price offers for the tender is Wednesday, July 9.

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