SAGO buys over 34K tons of wheat worth $16m from local farmers
The Saudi Grains Organization paid SR60.9 million ($16.2 million) to 104 local farmers following the procurement of 34,489 tons of wheat, said a SAGO statement.
The organization allocates a certain quantity of wheat to be purchased by local farmers every season. During the current wheat season, SAGO spent SR654 million to purchase local produce.
It is part of the government’s initiative to ensure food security and support local farmers.
Read also
EU risks becoming dependent on China amid aviation fuel feedstock shortages
Ukraine to compensate shipowners for up to 80% of losses from Russian attacks
Soybean cultivation in Europe shifts north due to drought
Global beef production to decline by more than 3% for the first time in five years
Indonesia launches new palm oil export monitoring system
Write to us
Our manager will contact you soon