Japan Seeks to Buy Most Milling Wheat in 12 Weeks in Tender
Category: Grains
(Bloomberg) – Japan is seeking to buy 152,647 metric tons of milling wheat from the U.S., Canada and Australiain a regular tender on Oct. 11, the Ministry of Agriculture, Forestry and Fisheries said in a statement today.
The volume sought is the largest since July 19, when the government bought 209,610 tons, according to Toshiki Tojo at the ministry’s grain-trade division.
The ministry, which controls overseas purchases and domestic sales of wheat to stabilize supply, has bought 2.47 million tons through regular tenders this fiscal year, compared with 4.65 million tons in the year ended March 31.
Details of this week’s tender are listed below:
================================================================ Exporter Grade Tons Shipments ================================================================ U.S. Western White 20,478 by Jan. 31 Western White 34,440 Nov. 21-Dec. 20 Dark Northern Spring 20,358 by Jan. 31 Canada Western Red Spring 45,591 by Jan. 31 Australia Standard White 31,780 Dec. 1 -Dec. 31 ================================================================
To contact the reporter responsible for this story: Aya Takada at atakada2@bloomberg.net
To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net