TOKYO: Japan’s Ministry of Agriculture said it would import 26,230 tonnes of feed-quality wheat, and 20,750 tonnes of barley for livestock use, via a simultaneous buy and sell (SBS) auction that closed late on Wednesday.
The ministry sought that 120,000 tonnes of feed wheat and 200,000 tonnes of feed barley to be loaded by June 30, and arrive in Japan by August 31, in the tender that is usually conducted every week. Ministry is seeking the same volume for each grain to be loaded and shipped during the same period in a similar tender, which will be held on March 16.
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.
