TOKYO: Japan’s Ministry of Agriculture said it would import 220 tonnes of feed-quality barley for livestock use via a simultaneous buy and sell (SBS) auction that closed late on Wednesday.
The ministry had sought 120,000 tonnes of feed wheat and 200,000 tonnes of feed barley to be loaded by September 30 and arrive in Japan by Nov. 30 in the tender that is usually conducted weekly. It is seeking the same amounts for each grain to be loaded by Oct. 31 and arrive in Japan by Dec. 28 in a similar tender that will be held on July 6.
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.