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Japan to import 6,650 tonnes of feed wheat, barley via tender

Japan to import 6,650 tonnes of feed wheat, barley via tender
Japan’s Ministry of Agriculture said it would import 350 tonnes of feed-quality wheat, and 6,300 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 November 30 and arrive in Japan by Jan. 31, 2018 in the tender. It is seeking the same quantity for each grain to be loaded and shipped during the same period in a similar tender that will be held on August 23.

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.

Details of the results are below, with the quantity in tonnes and the average price in yen per tonne:

QUANTITY AVG IMPORT PRICE AVG SELL PRICE
Feed wheat 350 N.A. N.A.
Feed barley 6,300 N.A. N.A.

 

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