Bloomberg News

Japan Seeks to Purchase Least Milling Wheat in Four Weeks

April 17, 2012

Japan is seeking to buy 139,237 metric tons of milling wheat from the U.S., Canada and Australia in a regular tender on April 19, according to the Ministry of Agriculture, Forestry and Fisheries.

The Australian wheat is for loading from June 1 to June 30, while the U.S. grain is for loading from May 21 to June 20, Toshiki Tojo at the ministry’s grain-trade division said by phone today. The remainder is for arrival by July 31, he said. The volume sought is the smallest since March 23, when the government bought 133,792 tons.

The ministry, which controls overseas purchases and domestic sales to stabilize supply, is Asia’s largest buyer as a single entity. It bought 4.65 million tons through regular tenders last fiscal year, compared with 5.16 million tons in the year ended March 31, 2011. Details of this week’s tender are listed below:

=============================================================
Wheat Exporter      Grade                       Metric Tons
=============================================================
U.S.                Western White                 19,566
                    Hard Red Winter               23,749
                    Dark Northern Spring          45,312
Canada              Western Red Spring            20,600
Australia           Standard White                30,010
==============================================================

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


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus