Japan Buys Smallest Wheat Volume in Three Weeks in Tender, Ministry Says

Japan bought 129,482 metric tons of milling wheat from the U.S., Canada and Australia in a regular tender today, the Ministry of Agriculture, Forestry and Fisheries said.

It was the smallest purchase since Aug. 19, when the government bought 128,964 tons. Shipment is set from Nov. 1 to Nov. 30, according to Ryou Okajima at the ministry’s grain trade division.

The ministry, which controls overseas purchases and domestic sales of wheat to stabilize supply, is Asia’s largest buyer as a single entity.

Details of this week’s tender are listed below:

=============================================================
Wheat Exporter      Grade                         Metric Tons
=============================================================
U.S.                Western White                   22,995
                    Hard Red Winter                 33,763
Canada              Western Red Spring              29,855
Australia           Standard White                  42,869
=============================================================

To contact the reporters on this story: Aya Takada in Tokyo at atakada2@bloomberg.net Ichiro Suzuki in Tokyo at isuzuki@bloomberg.net.

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