UPDATE 1 — Taiwan’s MFIG passes in 65,000 metric ton corn tender, traders say

(Adds lowest price offers, details) HAMBURG, Oct 14 (Reuters) — Taiwan's MFIG purchasing group made no purchase in an international tender seeking about 65,000 metric tons of animal feed corn that closed on Wednesday, European traders said. Prices offered were regarded as too high, traders said. Traders believed importers were hoping for further falls in corn prices as the unexpectedly large US harvest progresses The lowest price offer was said to be a premium of 224.0 US cents a bushel cost and freight (c&f) included over the Chicago March 2027 corn contract, they said. The offer was submitted for 65,000 tons of US-origin yellow corn by trading house CHS, traders said This was followed by an offer for 58,500 tons of Brazilian yellow corn at a premium of 225.5 cents c&f over Chicago said to have been submitted by trading house ETG The tender was dominated by US and Brazilian corn, with five trading companies each offering 65,000 tons of US corn and eight companies offering consignments of between 58,000 and 65,000 tons from Brazil No offers were reported for Argentine or South African corn Shipment was sought between December 13 and January 1 if the corn is sourced from the US Gulf