Saudi Arabia: Grain and Feed Annual
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Total Saudi corn imports for this marketing year (MY 2019/20) are estimated at 3.3 million MT, a reduction of approximately 18 percent compared to USDA’s official estimate. This is mainly due to the end of import subsidies on most animal feeds, including corn. The Kingdom’s rice imports are forecast to decline by approximately 13 percent compared to last year - as Indian exporters have faced difficulties meeting recently implemented import requirements. Saudi Arabia has completed purchases of wheat and barley for MY2019/20. The country signed purchase contracts for 3.5 million MT of wheat this marketing year, an increase of approximately 18 percent over a year earlier. The seven barley purchase contracts are for delivery of nearly 6.7 million MT by June 2020.
