TOKYO, Sept 7 (Reuters) - Japan will sell imported wheat to domestic millers at an average price of 48,470 yen ($477) per tonne in October-March, down 7.9 percent from the previous six-month period, the farm ministry said on Wednesday.
The move reflects a stronger yen, which helped keep import costs down, and lower international prices amid plenty of global stocks, the ministry said in a statement.
Japan, the world's sixth-biggest wheat importer, buys most of its milling grain through import tenders for five types of wheat from Australia, Canada and the United States and sells it to domestic millers at prices set twice a year.
The farm ministry's wheat selling price was set at an average of 52,610 yen for the six months ending this month, the Ministry of Agriculture, Forestry and Fisheries said in a statement on its website. ($1 = 101.6000 yen)