STX Group announced recently that it had formed a business partnership with Nonghyup Feed Co. in Portland, Oregon, to import U.S. corn for about one year starting November 2012.
The partnership contract states that STX will be responsible for shipping about 700,000 tons of U.S. corn to Korea for livestock feed. The corn will be processed and distributed by Nonghyup Feed, which holds about an 18 percent share of the livestock feed market here.