Japan to seek 60,000 tons of feed wheat and 20,000 tons barley via tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) said on Wednesday that it will seek 60,000 metric tons of feed wheat and 20,000 tons of feed barley to be loaded by December 31 and arrive in Japan by February 29, 2024, via an auction to be held on September 13.
Japan buys and sells feed wheat and barley via so-called simultaneous buy and sell (SBS) auctions in which end-users and importers specify the origin, price and quantity of grain, allowing millers to meet their varied needs.
Source: Reuters (Reporting by Yoko Matsudaira; editing by Jason Neely)