Japan Seeks Least Milling Wheat in Seven Weeks in Tender

Japan is seeking to buy 106,200 metric tons of milling wheat from the U.S. and Canada in a regular tender on April 26, the lowest volume in seven weeks, the Ministry of Agriculture, Forestry and Fisheries said today.

Shipments must be made between May 21 and June 20, excluding dark northern spring wheat from the U.S. that is for arrival in Japan by July 31, Toshiki Tojo at the ministry’s grain-trade division said by phone. The volume sought is the smallest since March 8, when the government bought 96,061 tons.

The ministry, which controls overseas purchases and domestic sales to stabilize supply, is Asia’s largest buyer as a single entity. Details of this week’s tender are listed below:

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Wheat Exporter      Grade                       Metric Tons
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U.S.                Western White                 21,434
                    Hard Red Winter               33,630
                    Dark Northern Spring          25,650
Canada              Western Red Spring            25,486
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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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