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Taiwan Sugar Corp tenders to buy US corn and soybeans

Taiwan Sugar Corp tenders to buy US corn and soybeansHAMBURG: The Taiwan Sugar Corp. has issued an international tender to buy 20,000 tonnes of US-origin yellow corn and 15,000 tonnes of US-origin yellow soybeans, European traders said on Tuesday.

The tender also closes on Tuesday, March 17, they said.

Shipment was sought from the US Gulf between May 2-16 or from the US Pacific North West coast between May 17-31, traders said.

US corn futures have fallen this week due to pressure from lower-than-expected US export inspections data. Soybeans also dropped as traders anticipated huge US plantings of the oilseed in the coming months.

Copyright Reuters, 2015

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