Import wheat price will be reduced by 4.3% from next month Transportation cost will drop due to corona effect September 10 at 4:01
The government will reduce the price of imported wheat sold to flour milling companies by 4.3% from next month on the back of favorable growth in major production areas and lower shipping costs due to the new coronavirus. I decided.
In order to secure a stable supply of overseas wheat, which accounts for about 90% of the wheat consumed in the country, the government imports it all at once and sells it to flour mills, etc. I will.
The Ministry of Agriculture, Forestry and Fisheries has decided to reduce the selling price for half a year from next month to March next year to 49,210 yen per ton on average for the five major stocks, 4.3% lower than the previous half year. It was.
Reduced mainly due to favorable wheat growth in major production areas such as Australia and Canada, a decline in international prices, and a decrease in international shipping due to the impact of the new coronavirus, resulting in lower shipping costs for ships. Is the first time in a year.
The Ministry of Agriculture, Forestry and Fisheries estimates that the reduction will have an impact of about 0.4 yen per loaf of bread and 3 yen per kilogram of household flour.