Bloomberg News

Israeli Grain Buyer Said to Take 135,000 Tons of Corn in Tender

January 14, 2013

Sherutei Bar Grains Import Ltd., an Israeli importer, bought 135,000 metric tons of corn from Ukraine and South America and 30,000 tons of feed wheat, according to two traders with direct knowledge of the tender.

The company bought three 45,000-ton cargoes of corn on behalf of its customers for delivery from March to May depending on the origin, in the tender that closed Jan. 10, said the traders who asked not to be identified because the results haven’t been publicly announced.

Gavilon sold two cargoes of Ukrainian and optional origin corn at $302 and $307 a ton, respectively, including cost and freight, the traders said. Noble sold South American corn at a premium of $79.75 a ton over the May Chicago Board of Trade contract, they said. Sherutei also bought 30,000 tons of South American feed wheat from Nidera at $324 a ton, they said.

To contact the reporter on this story: Maria Kolesnikova in London at mkolesnikova@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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