TOKYO: Japan’s Ministry of Agriculture said it would import 35,030 tonnes of feed-quality wheat, and 14,110 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 August 31, and arrive in Japan by October 31, in the tender that is usually conducted every week.
It is seeking the same amount for each grain to be loaded and shipped during the same period in a similar tender that will be held on May 18. 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.