Saudi Arabia: The Saudi Grains Organization to Import Barley
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The Saudi Grains Organization (SAGO) will take over will take over the exclusive right to import and manage local distribution of feed barley on October 2, 2016. The organization will import barley directly through public tenders open to registered international exporters; it does not buy through grain brokers. SAGO’s takeover of the barley imports portfolio will make Saudi barley imports and distribution more transparent, as the organization will release import data, prices and quantity to the public on its website. This level of transparency has not existed for the past five years. In marketing year (MY) 2015/16, which ended in June 2016, Saudi Arabia imported about 11 million MT of feed barley, an increase of about 36 percent compared to the same period in MY 2014/15.
Saudi Arabia: The Saudi Grains Organization to Import Barley