🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Japan buys 153,156 tonnes food wheat via tender

Published 2016-11-04, 03:35 a/m
© Reuters.  Japan buys 153,156 tonnes food wheat via tender

TOKYO, Nov 4 (Reuters) - Japan's Ministry of Agriculture bought a total of 153,156 tonnes of food quality wheat from the United States, Canada and Australia in a regular tender that closed late on Friday.

A tender is normally executed on Thursday. However, it was postponed to Friday this week due to a holiday on Thursday, an official with the ministry said.

Japan, the world's sixth-biggest wheat importer, keeps a tight grip on imports of the country's second most important staple after rice and buys the majority of the grain for milling via tenders typically issued three times a month.

Details are as follows (in tonnes):

COUNTRY

TYPE

Quantity U.S.

Western White

34,060*

Dark Northern Spring

24,851***

(protein minimum 14.0 pct)

Canada

Western Red Spring

24,375***

(protein minimum 13.5 pct)

Western Red Spring

35,255*

(protein minimum 13.5 pct)

Australia

Standard White (West Australia) 34,615**

Shipments:

* Loading between Dec.21, 2016 and Jan.20, 2017

** Loading between Mar. 1, 2017 and Mar. 31, 2017

*** Arrival by Feb.28, 2017

Source: Ministry of Agriculture

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.