Bunch of premium grapes fetches 1.1 mil. yen in central Japan auction

A bunch of premium table grapes fetched 1.1 million yen ($9,910) Tuesday in the year's first auction at a Kanazawa wholesale market, slightly lower than the record 1.11 million yen registered last year.In Japan, it is customary for bidders to auction off the first crop of certain food products at a higher than market price. The products are then used for display, sold later at normal cost or served free to people.Supermarket chain operator Yamanari Shoji Co. in the central Japan prefecture of Ishikawa purchased the latest Ruby Roman grapes after a wholesaler made a successful bid for the bu…READ FULL ARTICLE