BACK TO ALL news

Japan Buys Over 100,000 Tons of Food-Quality Wheat

  • POST FROM 6 June 2024
Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) purchased a total of 103,767 metric tons of food-quality wheat from the US, Canada, and Australia in a regular tender that concluded on Thursday.

Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) has purchased a total of 103,767 metric tons of food-quality wheat from the United States, Canada, and Australia in a regular tender that closed on Thursday.

As the world’s sixth-largest wheat importer, Japan tightly controls its wheat imports, the second most important staple after rice. The country typically issues tenders three times a month to buy the majority of the grain for milling.

Details of the Purchase (in metric tons):

COUNTRY TYPE QUANTITY
U.S. Hard Red Winter (Semi Hard) 31,600
Canada Western Red Spring (min. 13.5% protein) 25,197
Canada Western Red Spring (min. 13.5% protein) 24,510
Australia Standard White (West Australia) 22,460

Shipments:

    • U.S. and Canada: Loading between August 1 and August 31
  • ** Australia: Loading between September 1 and September 30

https://www.xm.com/research/markets/commodities/reuters/japan-buys-103767-tons-of-food-wheat-via-tender-53854804

Read next

The Danube corridor serves as a vital lifeline for Ukrainian exports, providing a crucial gateway to international markets. Its significance lies not only in its geographic advantage but also in its historical role as a key trade route connecting Eastern…

5/06/2024
  • Prices
  • Trade

Egypt’s General Authority for Supply Commodities (GASC) purchased 470,000 metric tons of wheat in an international tender. The procurement includes 180,000 tons from Romania, 120,000 tons from France, 120,000 tons from Ukraine, and 50,000 tons from Bulgaria. This diverse acquisition…

5/06/2024
  • News
  • Prices

Chicago wheat prices remained steady after hitting a two-week low, as concerns about weather-related damage to Russian crops eased. Despite the price fluctuations, international demand for wheat remains robust, with significant purchases from Algeria and Egypt. Soybean prices increased on…

5/06/2024
  • News
  • Trade