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Japan to import 6,100 tonnes of feed wheat, barley via tender

14-Sep-2017
Japan to import 6,100 tonnes of feed wheat, barley via tender

TOKYO, Sept 13 (Reuters) - Japan's Ministry of Agriculture said it would import 100 tonnes of feed-quality wheat, and 6,000 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 Dec. 31 and arrive in Japan by Feb. 28, 2018, in the tender that is usually conducted weekly. It is seeking the same amounts for each grain to be loaded and shipped during the same period in a similar tender that will be held on Sept. 20. 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 100 N.A. N.A. Feed barley 6,000 N.A. N.A. (Reporting by Yoko Matsudaira; Editing by Sherry Jacob-Phillips)


Source:- Timesofindia.indiatimes.com

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