Saudi Arabia buys 780,000 tonnes of hard wheat

HAMBURG/ABU DHABI: Saudi Arabia bought 780,000 tonnes of hard wheat in an international tender which closed on Friday, the country's main state wheat buying agency, the Grain Silos and Flour Mills Organisation (GSFMO), said on Monday.

The wheat, with 12.5 percent protein content, is for shipment during June to August, GSFMO acting director general Abdulrahman Al Ruwaitie said in a statement.

The accepted origins are the European Union, North America, South America and Australia, at the sellers' option, the GSFMO said.

The purchase comprises 13 consignments, with a total of 540,000 tonnes in nine vessels to be shipped to the port of Jeddah and 240,000 tonnes in four vessels to Dammam, he said.