SINGAPORE (Dow Jones) -- Japan Thursday bought Australian wheat for the first time in four weeks, an official with the Ministry of Agriculture, Forestry and Fisheries said, even as a drought in Western Australia sharply reduced supply and pushed up prices.
"In the previous tender, Japan didn't buy any Australian wheat because prices were above expectations. But today, the ministry has bought one cargo for shipment in April," said the official, without disclosing the price.
Japan's previous purchase for Australian wheat was on Feb. 7.
Last month, Japan reduced the Australian Noodle Wheat or ANW content in its imports of ...