Export Summary-Saudi Arabia buys wheat
CHICAGO, July 1 (Reuters) – Saudi Arabia’s General Food Security Authority purchased approximately 235,000 metric tons of hard wheat in a recent tender, falling short of the 595,000 tons sought. Origins included the EU, Black Sea, North America, South America, and Australia. Meanwhile, Jordan issued a tender for 120,000 tonnes of milling wheat, with offers due by July 2. Another tender for feed barley, following an unsuccessful previous attempt, closes on July 3.
CHICAGO, July 1 (Reuters) -Snapshot of the global export markets for grains, oilseeds and edible oils as reported by government and private sources as of the end of business on Monday:
WHEAT PURCHASE: Saudi Arabia’s main state wheat buying agency, the General Food Security Authority (GFSA), on Monday purchased around 235,000 metric tons of hard wheat in an international tender, the agency said. The purchase was considerably below the 595,000 tons sought in the tender. Origins offered were the European Union, Black Sea region, North America, South America and Australia, with the sellers having the option of selecting the origin supplied, GFSA governor Ahmad Al-Fares said in a statement.
PENDING TENDERS:
WHEAT TENDER: Jordan’s state grain buyer issued an international tender to buy 120,000 tonnes of milling wheat which can be sourced from optional origins, European traders said. The deadline for submission of price offers in the tender is July 2.
FEED BARLEY TENDER: Jordan’s state grain buyer was believed to have made no purchase in an international tender for 120,000 metric tons of animal feed barley which closed on June 26, European traders said. A new tender for feed barley was issued, closing on July 3, they said.
Source Link: https://www.xm.com/research/markets/allNews/reuters/export-summarysaudi-arabia-buys-wheat-53871880
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