Japan seeks feed wheat, barley via tender
Japan seeking 65,000 tons of feed wheat and 25,000 tons barleyJapan's Ministry of Agriculture, Forestry and Fisheries (MAFF) said on Wednesday that it will seek 65,000 metric tons of feed wheat and 25,000 tons of feed barley to be loaded by Jan. 31, 2025 and arrive in Japan by March 13, via a simultaneous buy and sell (SBS) auction that will be held on Oct. 16, reported Reuters.
Japan buys and sells its 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.