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Taiwan Buys 65,000 Tonnes of Corn from U.S., Brazil

Country’s feed industry procurement association, MFIG, purchased grain

Corn 984635 960 7202

Taiwan’s feed industry procurement association, MFIG, purchased about 65,000 tonnes of corn to be sourced optionally from the United States of Brazil in an international tender which closed on Wednesday, European traders said.

According to a report at Business Recorder, the tender had sought shipment in June and July depending on the origin supplied.

The corn was all bought at a premium of 107.79 US cents c&f over the Chicago September corn contract, traders said. The seller was thought to be trading house CHS.

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