Canada couldn’t offer wheat to Japan at today’s tender because it is seeking to resolve “some logistical issues” with the buyer, said Derek Sliworsky , general manager at the Canadian Wheat Board in Tokyo.
Canada, the third-largest supplier of wheat to Japan, ruled out supplying the grain to the Asian nation because of quality and shipment problems, highlighting the tightness in supplies of high-protein wheat.
Japan, the world’s largest corn importer, is set to spend $20 million to help feed mills boost stockpiles and safeguard food security as the nation shifts purchases from the U.S. to Ukraine and Brazil.
Corn purchases by Japan, the world’s biggest importer, may drop by about 2.1 percent this year as an outbreak of foot-and-mouth disease has spurred a mass cull of pigs and cattle, Unipac Grain Ltd. forecast.
Japan, the world’s largest corn importer, doubled grain purchases from Europe in the past two months, heading for a record volume from the region this year, as local feed mills seek cheaper alternatives to U.S. supply.
Japan, the world’s biggest corn buyer, will slash its stockpiles of corn and sorghum by 33 percent next fiscal year, cutting U.S. imports, as the country aims to boost feed rice output to reduce its reliance on overseas supplies.
Corn costs in Japan, the biggest importer, are rising after shipping fees increased because of concern over nuclear radiation, boosting expenses at animal-feed makers and potentially helping meat sales by Tyson Foods Inc .
Takashi Nakajima earns $100,000 a year growing lettuces, employs Chinese laborers to harvest them, and has four months off in winter to indulge his passion for speed skating. He’s the result of a protected farming system that Japanese Prime Minister Shinzo Abe is about to dismantle.