Bloomberg News

Japan Buys Least Milling Wheat in Seven Weeks in Tender

June 14, 2012

Japan bought 147,118 metric tons of milling wheat from the U.S. and Australia in a regular tender today, said the Ministry of Agriculture, Forestry and Fisheries.

It was the smallest purchase since April 26, when the government bought 106,200 tons, according to Toshiki Toji at the ministry’s grain-trade division. The ministry, which controls overseas purchases and domestic sales of wheat to stabilize supply, has bought 1.18 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          23,307   July 21-Aug. 20
                Hard Red Winter        21,695   July 21-Aug. 20
                Dark Northern Spring   44,656   July 21-Aug. 20
                Dark Northern Spring   21,400   by Sept. 30
Australia       Standard White         36,060   Aug. 1-Aug. 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


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