Saudi Arabia: Grain and Feed Annual
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With the development of several billion-dollar projects and nearly 30 million visitors a year, the future for U.S. grain exports is bright. Post anticipates Saudi rice imports to increase approximately five percent over the next several years due to expansions in the food service sector. Low international barley prices are projected to increase barley demand in 2024/25 as long as the local price is competitive. Meanwhile, total Saudi corn imports for MY 2024/25 are expected to reach 4.5 MMT, an increase of nearly 29 percent, due to numerous expansion projects underway in Saudi Arabia’s poultry sector. Domestic wheat production is expected to significantly increase this year as Saudi Arabia focuses more on food security.