Tuesday, April 10, 2012

Reuters: Market News: S.Korea buys 25,000 T non-GM soybeans

Reuters: Market News
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S.Korea buys 25,000 T non-GM soybeans
Apr 10th 2012, 08:33

SEOUL, April 10 | Tue Apr 10, 2012 4:33am EDT

SEOUL, April 10 (Reuters) - South Korea purchased 25,000 tonnes of non-genetically modified (non-GM) soybeans from Archer Daniels Midland Company for arrival on March 31, 2013 via tender on April 9, state-run Korea Agro-Fisheries & Food Trade Corp said Tuesday.

The agency purchased the soybeans at $176.12 per tonne on a cost and freight basis, it said on the website (www.at.or.kr). The delivery is to be made to the port of Incheon.

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