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Issue #588

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Intermodalism

Inland Ports

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2014 Media Kit
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Japan to import 33,395 tonnes feed barley via weekly tender

By: | at 05:19 AM | Breakbulk & Projects  

Japan’s Ministry of Agriculture said it would import 33,395 tonnes of barley for livestock use via 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 received no offers for feed wheat. It is seeking the same amounts of each grain to be loaded by Oct. 31 or arrive in Japan by Dec. 26 in a similar tender that will be held on July 16. 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. Details of the results are below, with the quantity in tonnes and the average price in yen per tonne: QUANTITY AVG IMPORT PRICE AVG SELL PRICE Feed wheat 0 n.a. n.a. Feed barley 33,395 n.a. n.a. (Reporting by Yuka Obayashi; Editing by Anupama Dwivedi)