Tender Update 26.10.2026

🇰🇷 South Korea’s NOFI tenders for 19,000 tonnes of feed ingredients

South Korea’s Nonghyup Feed Inc. (NOFI) issued an international tender to purchase 19,000 tonnes of feed ingredients for arrival in January 2027, according to European traders.

📌 Key details:

• Buyer: Nonghyup Feed Inc. (NOFI)
• Total volume: 19,000 tonnes
• Palm kernel expellers (PKE): 7,000 tonnes
• Soybean meal: 12,000 tonnes in three 4,000-tonne consignments
• PKE origin: Southeast Asia
• Soybean meal origin: China
• Arrival: January 2027
• Price offer deadline: October 27

🚢 Shipment periods:

• PKE: December 6–25, 2026
• Soybean meal, first consignment: January 4–23, 2027
• Soybean meal, second consignment: January 8–27, 2027
• Soybean meal, third consignment: January 9–28, 2027

The tender covers both palm kernel expellers and soybean meal, with separate shipment windows for each consignment.

🇹🇳 Tunisia buys an estimated 26,500 tonnes of feed corn

Tunisia’s state grains agency ONF is believed to have purchased approximately 26,500 tonnes of animal feed corn in an international tender, according to European traders.

📌 Key details:

• Buyer: Tunisia’s ONF
• Commodity: animal feed corn
• Volume: approximately 26,500 tonnes
• Seller: reportedly Garsan
• Price: $285.30/tonne C&F
• Origin: optional origins
• Consignments: one

🚢 Shipment periods by origin:

• Eastern Europe, Black Sea and Mediterranean: December 10–20, 2026
• Western Europe: December 5–15, 2026
• United States, Canada, Brazil or Argentina: November 25 – December 5, 2026

⚠️ Special tender condition: Tunisia reiterated that purchases are open to optional origins. Suppliers offering Black Sea grain cannot invoke force majeure due to the ongoing conflict and must secure supplies from alternative origins if necessary.

🇰🇷 South Korean milling group buys 50,000 tonnes of U.S. wheat

A South Korean flour milling group purchased an estimated 50,000 tonnes of milling wheat from the United States in an international tender, according to European traders.

📌 Key details:

• Buyer: South Korean flour milling group
• Commodity: milling wheat
• Volume: approximately 50,000 tonnes
• Origin: United States
• Seller: reportedly CJ International
• Shipment period: March 1–15, 2027

🌾 The tender covered several different wheat types, with shipment scheduled for the first half of March 2027.

🇰🇷 South Korea’s NOFI buys 60,000 tonnes of soymeal

South Korea’s leading feed producer Nonghyup Feed Inc. (NOFI) purchased approximately 60,000 tonnes of soymeal in an international tender, according to European traders.

📌 Key details:

• Buyer: NOFI’s NH Feed unit
• Commodity: soymeal
• Volume: approximately 60,000 tonnes
• Seller: reportedly COFCO
• Price: $463.49/tonne C&F
• Price includes: surcharge for additional port unloading
• Origins: United States, South America or China
• Arrival: around February 20, 2027

🚢 Shipment periods by origin:

• South America: December 19, 2026 – January 7, 2027
• China: January 31 – February 19, 2027
• U.S. Pacific Northwest: January 13 – February 1, 2027

The purchase allows flexibility in origin selection, with different shipment windows depending on the final source.

🇰🇷 South Korea’s FLC buys around 65,000 tonnes of feed wheat

South Korea’s Feed Leaders Committee (FLC) purchased approximately 65,000 tonnes of animal feed wheat in an international tender, according to European traders.

📌 Key details:

• Buyer: Feed Leaders Committee (FLC)
• Commodity: animal feed wheat
• Volume: approximately 65,000 tonnes
• Seller: reportedly Cargill
• Price: $288.00/tonne C&F
• Additional surcharge: $1.50/tonne for extra port unloading
• Origin: optional origins
• Likely origin: U.S. Pacific Northwest
• Arrival: around January 20, 2027

🚢 Shipment periods by origin:

• U.S. Pacific Northwest, Australia or Canada: December 1–31, 2026
• U.S. Gulf or Europe: November 11 – December 11, 2026
• Black Sea region: November 16 – December 16, 2026
• South America: November 6 – December 6, 2026
• South Africa: November 21 – December 21, 2026

Although the tender allowed multiple origins, traders suspected the wheat would be sourced from the U.S. Pacific Northwest.

🇰🇷 South Korea’s MFG buys up to 60,000 tonnes of soymeal

South Korea’s Major Feedmill Group (MFG) purchased up to 60,000 tonnes of soymeal in an international tender, according to European traders.

📌 Key details:

• Buyer: Major Feedmill Group (MFG)
• Commodity: soymeal
• Maximum volume: 60,000 tonnes
• Seller: reportedly Olam
• Price: $471.95/tonne C&F
• Price includes: surcharge for additional port unloading
• Volume declaration: 15 days before shipment

🚢 Volume by origin:

• United States or most South American origins: 50,000–60,000 tonnes
• Argentina: 42,000 tonnes
• China: 40,000 tonnes

📅 Shipment period from South America: December 1–31, 2026.

The final purchase volume will depend on the selected origin and must be declared 15 days before shipment.

🇹🇼 Taiwan’s MFIG buys 65,000 tonnes of Brazilian corn

Taiwan’s MFIG purchasing group purchased an estimated 65,000 tonnes of animal feed corn, expected to be sourced from Brazil, in an international tender, according to European traders.

📌 Key details:

• Buyer: Taiwan’s MFIG
• Commodity: yellow feed corn
• Volume: approximately 65,000 tonnes
• Expected origin: Brazil
• Seller: reportedly Cargill
• Price: 214.78 US cents/bushel premium over Chicago March 2027 corn futures, C&F

📉 Tender price comparison:

• October 14 tender: no purchase made
• Lowest previous offer: 224.00 US cents/bushel premium for U.S. corn
• October 21 purchase: 214.78 US cents/bushel premium for Brazilian corn
• Lowest U.S. offer in the new tender: 224.90 US cents/bushel premium, reportedly from CHS

The previous tender for 65,000 tonnes was cancelled without a purchase. MFIG subsequently returned to the market as Chicago corn futures declined during the accelerating U.S. harvest.

📊 Competition in the new tender:

• U.S. corn: four trading companies offered 65,000 tonnes each
• Brazilian corn: seven companies offered 58,000–65,000 tonnes each
• Argentina and South Africa: no immediate offers reported

🚢 Shipment periods by origin:

• U.S. Gulf, Brazil or Argentina: December 13, 2026 – January 1, 2027
• U.S. Pacific Northwest or South Africa: December 28, 2026 – January 16, 2027

The lower premium on the successful Brazilian offer highlights the importance of competitive origin pricing in Asian feed grain tenders.

🇰🇷 South Korea’s KOCOPIA buys 55,000 tonnes of corn

South Korea’s Korea Corn Processing Industry Association (KOCOPIA) purchased approximately 55,000 tonnes of corn in an international tender, according to European traders.

📌 Key details:

• Buyer: Korea Corn Processing Industry Association (KOCOPIA)
• Commodity: corn
• Volume: approximately 55,000 tonnes
• Seller: reportedly POSCO
• Price: $278.20/tonne C&F
• Origin: optional origins
• Arrival: around February 15, 2027

🌽 Eligible origins:

• United States
• Brazil
• Argentina
• South Africa
• Europe

The tender allows sourcing from multiple origins, with delivery to South Korea expected in mid-February 2027.

Source: Reuters, October 21–26, 2026. Prices, volumes and sellers reflect trader estimates and may be revised.