Saudi Arabia ensures its grain needs until the beginning of August 2022

The General Organization for Cereals of Saudi Arabia has completed the procedures for the assignment of the seventh and last batch of imported wheat for the year 2021 with a quantity of 689,000 tons, from the origins of the European Union, Black Sea, Australia , South and North America.

The Corporation’s governor, engineer Ahmed bin Abdulaziz Al-Faris, said in a statement that the contract for this batch falls within the framework of strengthening the strategic grain stock and keeping it at safe levels and meets all the needs of the grain milling companies and keeping the strategic stock at safe levels. the Kingdom’s grain needs until early August 2022.

He added that the arrival of the seventh and final contracted batch quest’year in July 2022, with 11 ships distributed on 3 ships for the Islamic port of Jeddah with a quantity of 186 thousand tons, 5 ships for the commercial port of Yanbu with a quantity of 314 thousand tons and 3 ships for the port of King Abdulaziz in Dammam with a quantity of 189 thousand tons.

The Corporation invited 24 international companies specializing in the grain trade, 13 of which participated in the competition, and 4 companies were awarded the lowest price for the requested shipments.

With the assignment of the seventh lot for questyear, the Corporation has contracted since the beginning of quest’year for an estimated 4 million tons of imported wheat, while around 576,000 tons of local wheat were purchased by farmers for this season, bringing total wheat purchases questyear from the Corporation to about 4.6 million tons, of which about 2 million tons will be supplied over the next year.

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