Saudi Arabia issues tender to buy wheat

HAMBURG: Saudi Arabia’s main state wheat buying agency, the Saudi Grains Organization (SAGO) on Thursday issued an international tender to purchase about 720,000 tonnes of wheat, European traders said.

The deadline for submission of price offers in the tender is Friday, May 28. Results are expected on Monday, May 31.

Hard wheat with 12.5% protein content is sought in 12 individual consignments of about 60,000 tonnes each. The wheat can be sourced from optional origins.