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South Korea's Nonghyup Feed (NOFI) bought about 60,000 tonnes of soymeal from traders in a closed-door deal at an estimated US$348.58 per tonne cost and freight, with cargoes from South America due October to November. Major Feedmill Group also bought about 60,000 tonnes at an international tender the same day, with the seller believed to be Cofco.
Large Korean purchases for Q4 arrival support South American soymeal demand and indicate prevailing export prices near $349 CFR, which is useful for feed buyers gauging meal costs.
marinelink.comAug 29, 2025After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
