Markets

Japan receives no offers for regular feed-wheat, barley tender

Published March 28, 2018 Updated March 28, 2018 10:20am

The ministry had sought 120,000 tonnes of feed wheat and 200,000 tonnes of feed barley to be loaded by June 29 and arrive in Japan by Aug. 31 in the tender that is usually conducted weekly.

It is seeking the same amounts for each grain to be loaded by July 31 and arrive in Japan by Sept. 28 in a similar tender that will be held on April 4.

Japan buys and sells 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