Asian buyers have seen their feed costs escalate in 2021 with corn prices surging over 40% year on year. This comes at a time when the largest corn producer in the world, the US reaps its corn harvest in September. CFR Asia corn prices year-to-date averaged at $306.85/mt, up 44.2% from the 2020 annual average …

The post FEATURE: South Korean corn buyers hedge with basis buying amid surging prices first appeared on Hellenic Shipping News Worldwide. Source