Japan to import 18,030 tons feed wheat and barley via tender
Japan buys and sells feed via so-called SBS auctions
10 July 2024
1 minute read
By: Japan will import 17,810 metric tons of feed-quality wheat, and 220 tons of barley for livestock use, via a simultaneous buy and sell (SBS) auction that closed late on Wednesday, Reuters reported, citing the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Wednesday.
The ministry had sought 65,000 metric tons of feed wheat and 25,000 tons of feed barley to be loaded by October 31 and arrive in Japan by December 19.
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 tons and the average price in yen per ton:
QUANTITY | AVG IMPORT PRICE | AVG SELL PRICE | |
Feed wheat | 17,810 metric tons | N.A. | N.A. |
Feed barley | 220 metric tons | N.A. | N.A. |
