Japan to hold next tender for feed wheat, barley on March 16

Japan will hold a tender on March 16 for a maximum of 30,000 metric tons of feed wheat and 200,000 tons of feed barley, according to the Ministry of Agriculture, Forestry and Fisheries.

The ministry, which holds feed-grain import tenders every Wednesday, didn’t purchase anything today because of a lack of demand from end-users, Masafumi Otsuka at the ministry’s grain- trade division, said by phone.

Tenders are held under the so-called simultaneous buy-and- sell system, in which feed makers and trading companies jointly bid for grains of any origin and quality. Read more ...

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