Japan aims to restart buying U.S. western wheat as early as August

Japan aims to restart buying U.S. western white wheat as early as August, industry sources said, after halting imports of the grain following the discovery of an unapproved genetically modified strain in Oregon.

Asia’s top wheat importer is worried about stocks of the wheat grade it relies on to make cakes and confectionary, and its return to the market would boost prices for western white, hit hard in the wake of the scare over the rogue strand.

“(The government) is intending to resume imports as soon as possible, as long as safety can be assured,” said an industry source who spoke on condition of anonymity.

Read the full story here: Japan aims to restart buying U.S. western white wheat as early as Aug

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