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Japan to seek 65,000 tons of feed wheat and 25,000 tons barley via tender

TOKYO, Nov 6(Reuters) -Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) said on Wednesday that it will seek 65,000 metric tons of feed wheat and 25,000 tons of feed barley via a tender.

TOKYO, Nov 6(Reuters) -Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) said on Wednesday that it will seek 65,000 metric tons of feed wheat and 25,000 tons of feed barley via a tender.

The cargowill be loaded by Jan. 31, 2025 and will arrive in Japan by Feb. 27. The tender will be undertakenvia a simultaneous buy and sell (SBS) auction that will be held on Nov. 13.

Japan buys and sells its feed wheat and barley via so-called SBS auctions, whereend-users and importers specify the origin, price and quantity of grain, allowing millers to meet their varied needs for the feed grain.

Source Link : https://www.xm.com/research/markets/allNews/reuters/japan-to-seek-65000-tons-of-feed-wheat-and-25000-tons-barley-via-tender-53961729

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