# Nonghyup Feed and POSCO International sign 5-year supply chain deal for 1.8 million tonnes of feed ingredients

> Nonghyup Feed and POSCO International signed an MOU on a stable supply chain for imported feed ingredients, following a 2022 agreement. The two companies traded 1.8 million tonnes over the past five years, with a record 460,000 tonnes (about $110 million) last year.

- Date: 2026-11-03 · published 2026-11-04T01:37:00.695Z
- Category: trade · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/78943-nonghyup-feed-and-posco-international-sign-5-year-supply-chain-deal-for-1-8
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The deal secures sourcing for Korean livestock feed amid volatile global grain markets, with priority purchase rights and shared market information. It is a supply-side arrangement with little immediate effect on world prices.

## 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 | 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 | 2025-05-20 | [Brazil's potential 7 million-tonne share in China's DDG market](https://feedsoft.ai/events/24769-brazil-s-potential-7-million-tonne-share-in-china-s-ddg-market.md) | +1.6% | -2.4% |
| 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% |
| 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 | 2018-06-28 | [China to remove tariffs on feed ingredients from 5 countries \| Feed Strategy](https://feedsoft.ai/events/64514-china-to-remove-tariffs-on-feed-ingredients-from-5-countries-feed-strategy.md) | -1.7% | -0.4% |
| SBM | 2023-11-22 | [In October, exports of Ukrainian sunflower meal to China increased significantly](https://feedsoft.ai/events/33284-in-october-exports-of-ukrainian-sunflower-meal-to-china-increased-significantly.md) | -2.8% | -11.5% |

## Sources

- youngnong.co.kr: https://www.youngnong.co.kr/news/articleView.html?idxno=71648

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