Saudi Arabia buys 804,000 tonnes of wheat

Published 2024년 12월 16일

Tridge summary

Saudi Arabia's General Authority for Food Security (GFSA) has procured 804,000 tonnes of durum wheat in an international tender, surpassing the requested 595,000 tonnes. The wheat, with a protein content of 12.5%, will be shipped to the Saudi ports of Jeddah, Dammam, Yanbu and Jizan between February and April 2025. The wheat could originate from the European Union, Black Sea region, North and South America, and Australia, with some potentially being Russian. The GFSA has already made several purchases from various suppliers, including Cargill, Louis Dreyfus, OLAM, Viterra, and Aston.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Saudi Arabia’s main government agency for wheat procurement, the General Authority for Food Security (GFSA), has purchased 804,000 tonnes of durum wheat in an international tender. The GFSA statement confirmed earlier reports from grain traders that the purchase was well above the 595,000 tonnes requested in the tender. The tender was to purchase a number of consignments of wheat with a protein content of 12.5% for shipment to the ports of Jeddah, Dammam, Yanbu and Jizan, with arrivals between February and April 2025. GFSA Governor Ahmad Al-Fares said in a statement that the countries of origin were the European Union, the Black Sea region, North America, South America and Australia, with sellers having the option to choose the country of origin. Traders have initially estimated that one or two of the consignments could be of Russian origin. Some of the shipments are expected to come from EU Black Sea exporters Romania and Bulgaria, while some South American wheat may also be ...
Source: Oilworld

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