soybean field

U.S. Soybean Meal Cargoes Continue to Arrive in Korea

Two more U.S. soybean meal cargoes, in addition to the U.S. soybean meal cargo that arrived in January, have reached Korea.
The first arrived at Incheon Port via the vessel Dunhill on February 23 and weighed in at 57,800 metric tons (MT).  The purchasers were five feed mills of Feed Mills Leading Committee (FLC), one of the purchasing groups of Korea Feed Association (KFA) member feed mills, and the supplier was Cargill.  After discharging 40,800 MT at Incheon Port, the vessel went on to Kunsan Port and discharged the remaining 17,000 MT.  The second shipment of 55,000 MT arrived at Incheon Port on March 5 on the vessel Pavian.  The shipment was supplied by ADM and Cargill via trader Al Ghuruair.  The shipment’s buyers were 19 feed mills of KFA member feed mills located near the ports of Incheon and Ulsan.  30,000 MT out of the 55,000 MT will be unloaded at Incheon Port and the remaining 25,000 MT will be unloaded at Ulsan Port.  Both cargoes were shipped from the Persian Gulf.
The next cargo is scheduled to arrive on March 22, shipped by CHS via the Pacific Northwest.