In a Wednesday tender, the Taiwan Flour Millers' Association bought an estimated 89.650 metric tonnes of milling grain to be sourced in the U.S., European traders reported.

Two consignments of wheat from the U.S. Pacific Northwest Coast were purchased.

They said that the first shipment for September 14-28 consisted of 27,700 tons U.S. dark Northern Spring Wheat with a minimum protein content of 14.5%, purchased at an estimated $278.26 per ton (fob).

The contract also included 9,675 tonnes of hard red wheat with a minimum protein content of 12.5%, bought for $241.91 per ton FOB and 7,200 tonnes of soft white grain with a protein content of between 8.5% and 10%, bought for $244.43 per ton FOB.

They said that the first consignment will incur an additional freight charge of $44.19 per ton to ship it by ocean from the U.S. Pacific Northwest Coast to Taiwan.

They said that the second shipment for October 2-16 consisted of 27,200 tons dark northern spring grain with a minimum protein content of 14.5%, purchased at an estimated price of $289.36 per ton FOB.

The second consignment included 10,825 tonnes of hard red wheat with a minimum protein content of 12.5%, bought at $253.75 per ton FOB and 7,050 tonnes of soft white wheat with a protein content of 8.5% to maximum 10%, bought at $246.27 per ton FOB.

They said that the second consignment will have an additional freight charge of $44.59 per ton to ship by ocean from the U.S. Pacific Northwest Coast to Taiwan.

Columbia Grain International was credited with selling all the grain at the tender.

The reports reflect the opinions of traders, and it is still possible to estimate prices and volume later.

Its

previous tender

On June 12, the association bought 95,450 tonnes of U.S. Wheat. Michael Hogan and Sahal Muhammed edited the report.

(source: Reuters)