# Nonghyup Feed and POSCO International Renew Feed Raw Material Supply Chain Partnership for Fifth Year

> Nonghyup Feed and POSCO International signed a new agreement to continue their feed raw material supply cooperation. Over the past five years they supplied and traded 1.8 million tonnes, with a record 460,000 tonnes last year. The renewed deal keeps Nonghyup's preferential purchase rights on POSCO International's sourced volumes and expands market information sharing.

- Date: 2026-11-02 · published 2026-11-03T13:38:20.223Z
- Category: trade · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/77790-nonghyup-feed-and-posco-international-renew-feed-raw-material-supply-chain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

This is a routine corporate supply arrangement with limited price impact, though it supports the import pipeline for Korean feed buyers amid volatile grain markets.

## Read by commodity

- SBM: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-08-07 | [Another volatile year awaits in the feed ingredient market \| The National Provisioner](https://feedsoft.ai/events/23431-another-volatile-year-awaits-in-the-feed-ingredient-market-the-national.md) | -1.1% | +3.9% |
| CORN | 2021-11-15 | [Tariffs and supply chain not on agenda for Biden-Xi meeting \| 2021-11-14 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14978-tariffs-and-supply-chain-not-on-agenda-for-biden-xi-meeting-2021-11-14-agri.md) | -2.1% | +1.5% |
| CORN | 2023-10-02 | [Mexico stands firm in face of U.S. imperialist pressure on GMO corn - The Non-GMO Report \| Non-GMO News, Farming & Supply Chain](https://feedsoft.ai/events/33595-mexico-stands-firm-in-face-of-u-s-imperialist-pressure-on-gmo-corn-the-non-gmo.md) | +2.7% | +2.6% |
| CORN | 2018-01-03 | [China's appetite for sorghum continues \| DPO International](https://feedsoft.ai/events/66982-china-s-appetite-for-sorghum-continues-dpo-international.md) | -0.9% | +1.8% |
| CORN | 2020-08-31 | [Food Security: Saudi Arabia’s SALIC and Bahri partner to form the National Grain Company - LogisticsGulf](https://feedsoft.ai/events/51504-food-security-saudi-arabia-s-salic-and-bahri-partner-to-form-the-national-grain.md) | +0.2% | +5.4% |
| SBM | 2025-08-07 | [Another volatile year awaits in the feed ingredient market \| The National Provisioner](https://feedsoft.ai/events/23431-another-volatile-year-awaits-in-the-feed-ingredient-market-the-national.md) | +4.3% | +2.2% |
| SBM | 2019-01-08 | [Poultry Producers and Feed Millers Attend USSEC’s First Poultry Nutrition Conference in Algeria - U.S. Soybean Export Council](https://feedsoft.ai/events/61229-poultry-producers-and-feed-millers-attend-ussec-s-first-poultry-nutrition.md) | -3.6% | -2.7% |
| SBM | 2018-11-30 | [Factbox: Tariff wars - duties imposed by Trump and U.S. trading partners \| Reuters](https://feedsoft.ai/events/61935-factbox-tariff-wars-duties-imposed-by-trump-and-u-s-trading-partners-reuters.md) | +0.7% | -0.2% |

## Sources

- livesnews.com: https://www.livesnews.com/news/article.html?no=65574

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