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Barley pricing saudi on the rise as well

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    Barley pricing saudi on the rise as well

    #Saudi Grains Organization (#SAGO) booked 960,000 MT of Feed #Barley, at an average price of $243.47 PMT for April - May 2018 deliveries.
    (+12.3% compared to the previous booking).

    25 companies were invited to the tender, 16 participated, and only 6 got the award.

    $27US above last tender

    #2
    Maybe our GrainCos could reject more delivered malt to help fill the orders.

    Saudi = G3, any funny business happening there with malt?

    Comment


      #3
      SALIC is the company that owns G3.

      Saudi Arabia will be buying grain after shitcanning their desalination irrigation projects....

      Comment


        #4
        Did Salic get a tender? Saudi Saudi, potato potato, tomato tomato. 😉

        Comment


          #5
          True.

          Comment


            #6
            I don't know but am guessing Canada didn't get in on that deal.
            Some was sent last Ap/May when prices were lower.
            Can't match that price now when ocean freight factored in. Majority of exports going to China

            Comment


              #7
              All the barley G3 buys goes out by truck to feedlots.



              Too far away/too expensive. Black Sea and Aussie barley flooding into that market.

              Comment


                #8
                Since 2011 and with the exception of 2015 Argentina has sent lots of barley to Saudi Arabia as well

                Comment


                  #9
                  West australia has huge advantage going into middle east but not sure were the barley origin was.

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