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
Global fertilizer exporters introduce export quotas
Collapse of the Somali shilling drives sharp increase in basic food prices amid dr...
India’s edible oil industry seeks government support amid Middle East crisis
Ukraine plans to open a second agri-hub in Africa this autumn
Egypt purchases nearly 2.4 mln tons of wheat from local farmers
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon