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Japan receives no offers in feed wheat, barley tender

July 17, 2014 00:00:00


TOKYO, July 16 (Reuters) :  Japan's Ministry of Agriculture said it received no offers of feed-quality wheat or barley in a simultaneous buy and sell (SBS) auction that closed late on Wednesday.

The ministry had sought 120,000 tonnes of feed wheat and 200,000 tonnes of feed barley to be loaded by Oct. 31 or arrive in Japan by Dec. 26 in the tender that is usually conducted weekly.

It is seeking the same amounts for each grain to be loaded by Oct. 31 or to arrive in Japan by Dec. 26 in a similar tender that will be held on July 23.

Japan buys a small portion of feed wheat and barley via so-called SBS auctions, in which end-users and importers specify the origin, price and quantity of grain, allowing millers to meet their varied needs for the feed grain.


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