TOKYO: Japan’s Ministry of Agriculture said it would import 90 tonnes of feed-quality wheat, and 2,800 tonnes of 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 Nov. 30 and arrive in Japan by Jan. 31, 2017 in the tender that is usually conducted weekly.
It is seeking the same amounts for each grain to be loaded and shipped during the same period in a similar tender that will be held on Aug. 24, which will be pushed back as the ministry will skip a tender next week when much of Japan will be off for summer holidays, a government official said. 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.
