The Taiwan Flour Millers' Association purchased 88,900 tonnes of milling wheat to be sourced from the United States in an international tender that closed on Thursday, European traders said. The wheat was bought in two consignments comprising various wheat types for shipment from the US Pacific Northwest coast in December 2019 and January 2020, they said.
The first consignment for shipment between Dec. 5 and Dec. 19 involved 20,700 tonnes of US northern spring wheat of 14.5% protein content bought at $274.84 a tonne FOB US Pacific Northwest coast, traders said. The first consignment also included 14,200 tonnes of hard red winter wheat of 12.5% protein content bought at $238.22 a tonne FOB and 5,100 tonnes of soft white wheat with 9% protein bought at $239.70 a tonne FOB.
The first consignment was all sold by trading house CHS and has an additional freight charge of $39.99 per tonne for ocean shipping from the US Pacific Northwest coast to Taiwan, they said. The second consignment for shipment between Dec. 21 and Jan. 4 involved 25,700 tonnes of US northern spring wheat of 14.5% protein content bought at $280.95 a tonne FOB US Pacific Northwest coast from trading house ADM, traders said.
The second consignment included 17,750 tonnes of hard red winter wheat of 12.5% protein content bought at $242.58 a tonne FOB purchased from the United Grain Corporation. It also included 5,450 tonnes of soft white wheat of 9% protein purchased at $233.81 a tonne FOB which was also sold by ADM. The second consignment has an additional freight charge of $36.66 per tonne for ocean shipping from the US Pacific Northwest coast to Taiwan, they said. In its last reported tender on Oct. 1, the association purchased 110,300 tonnes of milling wheat also to be sourced from the United States.
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