Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 115,208 metric tons of food-quality wheat from the United States and Canada through a regular tender that will close on Thursday.
Japan, the world’s sixth-biggest importer of wheat, maintains a tight grip on imports of its second-most important staple after rice. The country typically buys the majority of its wheat for milling via tenders issued around three times a month.
This latest tender is part of Japan’s regular wheat procurement process to ensure a steady supply of the grain for domestic consumption and food processing. The wheat purchased through this tender will be used for food purposes rather than animal feed.
Japan is highly dependent on wheat imports, as the country’s domestic production is limited. The country typically sources wheat from major exporting nations like the United States, Canada, Australia, and others.
By issuing these frequent tenders, Japan aims to secure the necessary wheat volumes to meet the needs of its food industry and consumers. The tender process allows the government to carefully manage wheat imports and maintain food security.
The results of this latest 115,208-ton wheat tender from Japan will be closely watched by global wheat markets, as it represents significant demand from a major importer.