Saudi Arabia buys 382,000 tons of wheat at $355.68 per ton

  • 9/13/2021
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SAGO has so far contracted 2 million tons of imported wheat since the beginning of the year RIYADH: The Saudi Grains Organization has purchased an estimated 382,000 tons of wheat in an international tender at an average price of $355.68 per ton, the Saudi Press Agency reported. The main government agency for purchasing wheat in the Kingdom has imported this batch from the EU, Australia, South and North America and the Black Sea region. SAGO Gov. Ahmed bin Abdulaziz Al-Faris the batch is an extension of the Kingdom’s plan to cover the local demand for wheat and preserve its strategic stocks. Ads by optAd360 With the latest batch, SAGO has so far contracted 2 million tons of imported wheat since the beginning of the year while about 553,000 tons of local wheat have been procured from the local farmers.

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