South Korea's Major Feedmill Group Purchases Additional 50,000 Tonnes of Soymeal
South Korea's Major Feedmill Group (MFG) has purchased an additional 50,000 metric tons of soymeal in a private deal, according to European traders. This purchase was made through an international tender by the trading house Cofco, bringing the total purchase to 100,000 tons. The cost and freight for the second consignment were estimated at $410.89 per ton. The shipment is expected to arrive between June 15 and July 16, with the option to source a mixture of soymeal from Argentina, the USA, and China. This acquisition reflects ongoing assessments and adjustments in the global soymeal market. 
