◂ Event Timeline

Jun 30, 2025TRADESouth Korea

South Korea's NOFI Offers Up To 60,000 Tonnes Of

Nonghyup Feed, a leading South Korean feed maker, issued a tender for up to 60,000 tonnes of soymeal with a June 30 deadline. Shipment windows cover South America, China and the US Pacific Northwest for delivery by October 31.

WHY IT MATTERS

Routine Korean tender demand provides modest support for soymeal export sales, with limited effect on price direction.

AFFECTSSoybean Meal◆

SOURCE
marinelink.comJun 30, 2025

Price reaction & history

Soybean Meal◆neutralSO FAR1d -0.2%5d -1.2%20d -1.4%

After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.

Mar 31, 2021South Korea's NOFI tenders for 60,000 tonnes soymeal - Markets - Business Recorder+2.3%
Jul 30, 2024SunSirs: South Korean Feed MFG Buys 60,000 Tons of Soybean Meal at a Price of $431/ton+1.2%
Apr 9, 2025Wave of US soybeans set to reach China's shores despite tariffs+1.4%
Nov 13, 2018Frozen Out of China, U.S. Soybean Farmers Refuse to Sell - Caixin Global-0.0%
Aug 29, 2024To Crush or Not to Crush? - U.S. Soybean Export Council+3.2%

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.

Soybean Meal SBM · GP ▸

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