Saudi Arabia purchased 794 thsd tons of wheat in tender
Saudi Arabia’s main state procurement agency, the General Food Security Authority (GFSA), purchased around 794,000 metric tons of wheat on Monday in an international tender. This exceeded the initially planned amount of 655,000 tons. The wheat was bought in 13 separate consignments.
The wheat is scheduled for delivery to Saudi Arabia between May and July. Exact prices have not been disclosed. Shipments will be delivered to several ports: five consignments to Jeddah, five to Yanbu, two to Jazan, and one to Duba.
In its previous tender on January 19, the agency bought approximately 907,000 tons of hard wheat. The current purchase reflects Saudi Arabia’s steady demand for imported grain to ensure food security amid global uncertainties.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea & Danube Grain Market” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Brazil’s corn exports fell 32% in August
Possible transit ban through Baltic ports could complicate Russia’s grain export r...
Ukrainian farm cooperatives gain access to open soybean and rapeseed exports
Kazakhstan agrees regular refined sunflower oil supplies to South Korea
Ukraine aims to increase exports via Polish ports to 6.5 mln tons
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon