Bloomberg News

Japan Seeks 47,000 Tons of Food Wheat in Tender on March 16

March 09, 2012

Japan is seeking to buy 47,000 metric tons of food wheat and 20,000 tons of food barley on March 16 through a tender system introduced to loosen government grain-import controls, the Ministry of Agriculture, Forestry and Fisheries said.

Shipment must be made by June 30, Masafumi Otsuka at the ministry’s grain-trade division said today by phone.

The tender will be held under the so-called simultaneous buy-and-sell system, in which food makers and trading companies jointly bid for grains of any origin and quality.

To contact the reporter on this story: Aya Takada in Tokyo at atakada2@bloomberg.net

To contact the editor responsible for this story: Richard Dobson at rdobson4@bloomberg.net


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