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Japan to import 64,190 T of feed wheat, barley via tender

Published Updated

TOKYO: Japan will import 22,730 tonnes of feed-quality wheat, and 41,460 tonnes of barley for livestock use, via a simultaneous buy and sell (SBS) auction that closed late Wednesday, the Ministry of Agriculture, Forestry and Fisheries (MAFF) said.

The ministry had sought 120,000 tonnes of feed wheat and 200,000 tonnes of feed barley to be loaded by Jan. 31, 2019 and arrive in Japan by Feb. 28 in the tender that is usually conducted weekly.

It is seeking the same quantity for each grain to be loaded and shipped during the same period in a similar tender that will be held on Oct. 10.

Japan buys and sells its feed wheat and barley via so-called SBS auctions, in which end-users and importers specify the origin, price and quantity of grain, allowing millers to meet their varied needs for the feed grain.

Copyright Reuters, 2018
 

 

 

 

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