AreaJapan
Commodity GroupGrains
CommodityWheat
Date06/09/2017
Policy CategoryConsumption and marketing
Policy InstrumentGovernment procurement
DescriptionAnnounced that from October, the price of imported wheat for millers would increase to JPY 52 510 (USD 482) per tonne, 3.6 percent above the previous six-month period. The increase reflects the rise in FOB prices of wheat from the US and Australia (Japans main suppliers of milling wheat) as well as higher freight rates and a weaker yen.
