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Japan Purchases 45,960 Tons of Food Wheat in Tender Today

Japan bought 45,960 metric tons of food wheat and 315 tons of U.S. barley through a tender system introduced to loosen government controls on imports, the Ministry of Agriculture, Forestry and Fisheries said today.

Of the total wheat, 37,900 tons were from Canada, 6,900 tons were from Australia, 630 tons were from the U.S., and the remainder from France, the ministry said in a statement. The shipment of the grain must be made by Jan. 31, according to Masafumi Otsuka at the ministry’s grain-trade division.

The tender 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: Aya Takada in Tokyo at atakada2@bloomberg.net

To contact the editor responsible for this story: Richard Dobson at rdobson4@bloomberg.net

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