South Korean flour mills on Wednesday, July 6, bought about 50,000 MT of US milling wheat and 100,000 MT Australian wheat.

The US purchase involved soft white wheat (10.5% protein content) bought at about 338 $/mt fob, soft white wheat (9% protein) at about 348 $/mt fob, hard red winter wheat (11.5% protein) at about 386 $/mt fob and dark northern spring wheat (14% protein) at about 370 $/mt fob for September 1-30 shipment.

The Australian purchase involved two 50,000 MT consignments with combination Australian standard white Korean grade at 380 $/mt fob and Australian hard wheat at about 400 $/mt fob for November 10-20 and November 1-30 shipment