# South Korea's NOFI tenders for 60,000 tonnes soymeal - Markets - Business Recorder

> South Korea's largest feedmaker, Nonghyup Feed Inc (NOFI), issued an international tender to buy up to 60,000 tonnes of soymeal for arrival around September 25. Price offers were due March 31. Shipment was sought from South America, China, the US Pacific Northwest or the US Gulf, depending on origin.

- Date: 2021-03-31 · published 2021-03-31T12:00:00.000Z
- Category: trade · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/48204-south-korea-s-nofi-tenders-for-60-000-tonnes-soymeal-markets-business-recorder
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A tender of this size is a routine demand signal for soymeal and has little effect on the global price balance on its own.

## Read by commodity

- SBM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-06-30 | [South Korea's NOFI Offers Up To 60,000 Tonnes Of](https://feedsoft.ai/events/24348-south-korea-s-nofi-offers-up-to-60-000-tonnes-of.md) | -1.2% | -1.4% |
| SBM | 2024-07-30 | [SunSirs: South Korean Feed MFG Buys 60,000 Tons of Soybean Meal at a Price of $431/ton](https://feedsoft.ai/events/29314-sunsirs-south-korean-feed-mfg-buys-60-000-tons-of-soybean-meal-at-a-price-of.md) | +1.2% | -10.1% |
| SBM | 2026-08-08 | [China July soybean imports drop on sow herd size concerns - Markets - Business Recorder](https://feedsoft.ai/events/17905-china-july-soybean-imports-drop-on-sow-herd-size-concerns-markets-business.md) | +0.2% | +11.8% |
| SBM | 2017-11-08 | [Stepping up market demand for responsible soy - Food & Agribusiness](https://feedsoft.ai/events/68002-stepping-up-market-demand-for-responsible-soy-food-and-agribusiness.md) | -1.6% | +7.9% |
| SBM | 2026-07-31 | [Chinese buyers acquire US soybeans for October-November, traders say \| South China Morning Post](https://feedsoft.ai/events/14561-chinese-buyers-acquire-us-soybeans-for-october-november-traders-say-south-china.md) | -0.6% | +5.6% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40079686

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