Japan Seeks to Buy Most Milling Wheat in 12 Weeks in Tender

Japan is seeking to buy 152,647 metric tons of milling wheat from the U.S., Canada and Australia in a regular tender on Oct. 11, the Ministry of Agriculture, Forestry and Fisheries said in a statement today.

The volume sought is the largest since July 19, when the government bought 209,610 tons, according to Toshiki Tojo at the ministry’s grain-trade division.

The ministry, which controls overseas purchases and domestic sales of wheat to stabilize supply, has bought 2.47 million tons through regular tenders this fiscal year, compared with 4.65 million tons in the year ended March 31.

Details of this week’s tender are listed below:

Exporter        Grade                  Tons     Shipments
U.S.            Western White          20,478   by Jan. 31
                Western White          34,440   Nov. 21-Dec. 20
                Dark Northern Spring   20,358   by Jan. 31
Canada          Western Red Spring     45,591   by Jan. 31
Australia       Standard White         31,780   Dec. 1 -Dec. 31

To contact the reporter responsible for this story: Aya Takada at atakada2@bloomberg.net

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

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