# South Korea's NOFI purchases about 60,000 T of soymeal from traders

> South Korean feed maker NOFI bought about 60,000 tonnes of soymeal in a tender, reportedly at an estimated $348.69/t c&f, likely sourced from the US, South America or China. NOFI also sought up to 138,000 tonnes of feed corn in a separate tender.

- Date: 2025-05-14 · published 2025-05-14T12:00:00.000Z
- Category: trade · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/24795-south-korea-s-nofi-purchases-about-60-000-t-of-soymeal-from-traders
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Active Asian buying of soymeal and corn supports near-term export demand, though the purchase size is modest relative to global flows.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-08-29 | [South Korea's NOFI Purchased About 60,000 Tonnes Of](https://feedsoft.ai/events/23432-south-korea-s-nofi-purchased-about-60-000-tonnes-of.md) | -2.7% | -6.0% |
| SBM | 2026-01-28 | [South Korean Feed Manufacturers Association buys 60,000 tonnes of soybean meal from US, China, and South America \| eFeedLink](https://feedsoft.ai/events/21182-south-korean-feed-manufacturers-association-buys-60-000-tonnes-of-soybean-meal.md) | -0.5% | +7.5% |
| SBM | 2017-02-28 | [South Korea: NOFI looking for soybean meal, rapeseed](https://feedsoft.ai/events/72574-south-korea-nofi-looking-for-soybean-meal-rapeseed.md) | -0.6% | -4.8% |
| SBM | 2019-12-10 | [China steps up US soybean purchases as trade talks drag on](https://feedsoft.ai/events/55447-china-steps-up-us-soybean-purchases-as-trade-talks-drag-on.md) | +1.6% | +0.1% |
| SBM | 2026-08-03 | [EXCLUSIVE: Chinese state traders make large US soybean purchases \| Reuters](https://feedsoft.ai/events/14553-exclusive-chinese-state-traders-make-large-us-soybean-purchases-reuters.md) | -0.8% | +8.2% |
| CORN | 2026-10-29 | [South Korea's Nofi tenders to buy up to 138,000 metric tons corn \| MarketScreener Australia](https://feedsoft.ai/events/1254-south-korea-s-nofi-tenders-to-buy-up-to-138-000-metric-tons-corn-marketscreener.md) | -1.5% | — |
| CORN | 2020-08-17 | [China is far behind farm purchases needed to fulfill terms of trade deal with U.S. - Medill News Service](https://feedsoft.ai/events/51476-china-is-far-behind-farm-purchases-needed-to-fulfill-terms-of-trade-deal-with-u.md) | +1.3% | +9.3% |
| CORN | 2020-03-24 | [China makes largest U.S. grain purchases since start of trade war - UPI.com](https://feedsoft.ai/events/54008-china-makes-largest-u-s-grain-purchases-since-start-of-trade-war-upi-com.md) | +6.1% | -4.7% |

## Sources

- logistics.maritimeprofessional.com: https://logistics.maritimeprofessional.com/asia/2025/05/14/south-koreas-nofi-purchases-about-60000-t-of-soymeal-from-traders

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.