South Korean mills buy 86,800 T wheat from the U.S., traders say
HAMBURG, Dec 19 (Reuters) -South Korean flour mills bought an estimated 86,800 metric tons of milling wheat to be sourced from the United States in an international tender on Thursday, European traders said.
The purchase involved several different wheat types and was bought in two consignments on an FOB basis for March/April 2025 shipment.
It was unclear if 40,000 tons also sought from Canada in tenders from the mills had also been purchased. Reports reflect assessments from traders and further estimates of prices and volumes are still possible later.
Reporting by Michael Hogan
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