02.
02.17
14:57

Saudi Arabia is looking for 1.5 million tonnes of feed barley

Saudi of Arabia largest State grain agency SAGO (Saudi grains organization) has put out an international tender for the purchase of 1.5 million tonnes of feed barley. The offer period ends on 3 February, results should be published on the morning of 6 February.
The gesture that should be offered by global trading houses, will be searched for delivery to different dates in the period from March to may. About 25 individual agreements to 60,000 tons each are (+/-10%) be closed.
Dealers believe that Germany and the Baltic countries could be favored. Logistical problems in the ports on the Black Sea could be detrimental.
Most recently, Saudi Arabia bought 945.000 tonnes of feed barley on December 5. Saudi Arabia is one of the largest importers of barley in the world.

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