Japan to import 760 tonnes feed barley through tender

Fawad Maqsood July 31, 2019

 TOKYO: Japan will import 760 tonnes of feed-quality barley for livestock use via a simultaneous buy-and-sell (SBS) auction that closed late on 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 Oct. 31 and arrive in Japan by Dec. 25 in the tender.

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, 2019

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