South Korean flour mills buy ~50,000 t US wheat for January shipment
صفقة مُبرمة – South Korea
A group of South Korean flour mills bought about 50,000 t of US wheat across three classes (soft white, hard red winter and dark northern spring), with CJ International believed to be the seller.
| Lead type | Deal / award |
|---|---|
| Status | Deal signed – freight, inspection & finance needed |
| Product | Milling wheat (US SW, HRW, DNS) |
| Product group | Grains & cereals · HS 10, 12 |
| Quantity | ~50,000 t |
| Price | SW USD 273.78/t; HRW USD 335.98/t; DNS USD 335.52/t FOB |
| Buyer | South Korean flour mills group |
| Supplier / seller | CJ International (believed) |
| Country | South Korea · Asia & Pacific |
| Origin | United States |
| Destination | South Korea |
| Delivery / terms | Shipment from US 1-31 Jan 2027 |
| Published | 10 Sep 2026 |
| Source | Business Recorder |
What to do
This deal is done – use it as a buying signal. The buyer imports this product, often on a regular cycle, so competing suppliers can prepare for its next tender. The shipment itself will need vessels and freight, inspection and testing, cargo insurance, trade finance, port handling and customs services.
⚠️ Due diligence before any deal
This page is lead information summarised from a public source. Trade Leads Daily has not verified the parties and is not involved in any negotiation, contract or payment. Dates, quantities and terms can change – always rely on the official source.
- Verify the counterparty's company registration, address, website domain and bank independently.
- Screen all parties against sanctions lists (UN, OFAC, EU, UK) and check export/import licences.
- Use independent inspection (quality & quantity) and secure payment such as a confirmed L/C – never pay advance fees to unknown parties.
- Put everything in a written contract with Incoterms® 2020, specs, inspection, payment and dispute terms.