March 19, 2020

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

Japan has received no offers for feed-quality wheat or barley in a simultaneous buy and sell (SBS) auction that closed late on Wednesday, according to its Ministry of Agriculture, Forestry and Fisheries.

The ministry had sought 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 27 in the tender.

Japan buys and sells its 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.