May 29, 2020

 

Japan to buy 80,000 tonnes feed wheat via tender
 

 

The Ministry of Agriculture, Forestry and Fisheries (MAFF) of Japan had sought 80,000 tonnes of feed wheat and 100,000 tonnes of feed barley to be loaded by August 31 and arrive in Japan by October 29, reported Reuters.

 

The country will import 220 tonnes of feed-quality barley for livestock use via a simultaneous buy and sell (SBS) auction that closed late on Wednesday, said the MAFF. This tender is usually conducted weekly.

 

It is seeking the same amounts for each grain to be loaded by September 30 and arrive in Japan by November 26 in a similar tender that will be held on June 3.

 

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.