◂ Event Timeline

Nov 2, 2026TRADESouth Korea

South Korea's Major Feedmill Group and Cargill Agri Purina tender for up to 70,000 tonnes of corn, according to traders

South Korean feed miller Major Feedmill Group and Cargill Agri Purina are reported by traders to be tendering for up to 70,000 tonnes of corn. The purchase is a single feed-buyer tender reported via Reuters.

WHY IT MATTERS

A 70,000-tonne corn tender is a modest import purchase that gives small support to corn export demand. It is unlikely to move prices materially on its own.

AFFECTSCORN▲

SOURCE
es.marketscreener.comReutersNov 2, 2026

Price reaction & history

CORN▲bullishSO FAR1d -0.1%5d —20d —

After 729 past bullish trade events, CORN moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

Oct 29, 2026South Korea's Nofi tenders to buy up to 138,000 metric tons corn | MarketScreener Australia-1.5%
May 14, 2025South Korea's NOFI purchases about 60,000 T of soymeal from traders+3.8%
Sep 28, 2020US-China trade: soybeans, corn and cars surge, but Beijing still not close to meeting demands of deal | South China Morning Post+3.1%
Jul 25, 2025Export Sales to Mexico and South Korea | USDA Foreign Agricultural Service+0.8%
May 11, 2026Export Sales to Mexico and South Korea | USDA Foreign Agricultural Service+1.4%

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.

CORN · GP ▸

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