Japan to import 920 tons feed wheat and barley via tender
Japan buys and sells feed wheat and barley via SBS auctions
16 October 2024
1 minute read
By: Japan will import 700 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).
The ministry had sought 65,000 tons of feed wheat and 25,000 tons of feed barley to be loaded by Jan. 31, 2025 and arrive in Japan by March 13.
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 tonne:
