South Korean mills buy 30,000 MT US wheat Oct. 23, 2022
A group of South Korean flour mills led by the miller SPC bought around 30,000 MT of US milling wheat on Wednesday, October 19.
The US wheat was bought from trading house Viterra for shipment between January 15-February 15, 2023:
- 9,000 MT of soft white wheat (9.5-11% protein content) at about 345 $/mt fob,
- 1,000 MT of soft white wheat (8.5% protein) at about 345 $/mt fob,
- 5,500 MT of hard red winter wheat (11.5% protein) at about 413 $/mt fob
- 14,500 MT of dark northern spring wheat (14% protein) at about 405 $/mt fob.