Japan Seeks to Buy 129,094 Tons of Milling Wheat in Tender

Japan is seeking to buy 129,094 metric tons of milling wheat in a regular tender on March 3, the Ministry of Agriculture, Forestry and Fisheries said.

Shipment is set from May 1 to May 31, Masafumi Otsuka at the ministry’s grain-trade division said today by phone.

The ministry, which controls overseas purchases and domestic sales of wheat to stabilize supply, is Asia’s largest buyer as a single entity. It has bought 4.76 million tons this fiscal year through regular tenders, surpassing the 4.26 million tons of purchase in the year ended March 31, 2010.

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                 36,670
                    Hard Red Winter               18,950
                    Dark Northern Spring          73,474
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(Source: http://www.bloomberg.com/news/2011-03-01/japan-seeks-to-buy-129-094-tons-of-milling-wheat-in-tender.html)