Japan to seek 120,000 tonnes of feed wheat and 200,000 tonnes barley via tender

• Japan buys a small portion of feed wheat and barley via so-called SBS auctions, in which end-users and importers specify the origin.

TOKYO: Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) said on Wednesday that it will seek 120,000 tonnes of feed wheat and 200,000 tonnes of feed barley to be loaded by May 31 and arrive in Japan by July 30, via a simultaneous buy and sell (SBS) auction that will be held on Feb. 12.

Japan buys a small portion of 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.