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Japanese wheat prices to rise for third time in a year
date:Aug 06, 2013
April and 3 percent in October.

We expect another increase in yen-based wheat prices, despite a retreat in the international market, as Japans currency remains weak against the dollar, Charlie Utsunomiya, director at the Tokyo office of U.S. Wheat Associates, said based on sales through July.

The yen has declined 15 percent against the dollar just this year and slid to 103.74 on May 22, the weakest level in more than four years.

Abe pushed the Bank of Japan to expand stimulus and double its

07/05 20:05