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December 09, 2010

Japan Buys 51,210 Tons Wheat

Japan bought 51,210 metric tons of milling wheat from Canada today in the second tender this week as the government accelerated purchases on tightening supply. Japan, Asia’s second-largest importer, has bought 453,924 tons of milling wheat this month, exceeding last month’s total of 429,567 tons. Reduced crop quality in Australia, the fourth- largest exporter, spurred Japan and other buyers of high-protein wheat to seek alternatives from suppliers including the U.S., according to Charlie Utsunomiya, director at the Tokyo office of U.S. Wheat Associates. Read more...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.  
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