News & Events
Japan plans to buy 110,000 tonnes wheat
Reuters, Tokyo
Business Day, March 9, 2005
Japan’s Agriculture Ministry said yesterday it planned to buy 110,000 tonnes of feed wheat and 1 million tones of feed barley in the fiscal year beginning in April at five import tenders under the simultaneous buy and sell (SBS) system.
The first of the planned SBS tenders will be held on March 16 for 20,000 tonnes of feed wheat and 200,000 tonnes of feed barley, a ministry official said.
In the current fiscal year, the ministry has bought an estimated 80,000 tonnes of feed wheat via SBS tenders, against its plan for 110,000 tonnes of purchases, he said.
The ministry has also bought an estimated 945,000 tonnes of feed barley via SBS tenders in the current fiscal year, compared with its plan for 900,000 tonnes, he added.