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Japan Purchases 19,520 Metric Tons of Food Wheat in SBS Tender

Japan bought 19,520 metric tons of food wheat and 28,940 tons of food barley through a tender system introduced to loosen government grain-import controls, the Ministry of Agriculture, Forestry and Fisheries said.

Of the total amount of wheat purchased, 18,240 tons were from Canada and 1,200 tons were from Australia and 80 tons from the U.S., the ministry said in a statement.

Of the total barley, 26,940 tons were from Canada and 2,000 tons were from Australia, according to the statement.

The tender today was held under the so-called simultaneous buy-and-sell system, in which food makers and trading companies jointly bid for grains of any origin and quality.

To contact the reporter on this story: Yasumasa Song in Tokyo at ysong9@bloomberg.net Aya Takada in Tokyo at atakada2@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net

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