Saudi Arabia’s SAGO bought 495,000 MT of hard milling wheat 12.5% protein in an international tender which closed on Friday, June 24.

Wheat of EU, North and South American, Australian and Black Sea origin (seller's option) were purchased at an average price of 441.93 $/mt c&f in 8 consignments for November 2022-January 2023 shipment to the ports of Jeddah (185 TMT), Dammam (125 TMT) and Yanbu (185 TMT):

Jeddah Sea Port:

  • 65,000 MT from Cargill at 444.94 $/mt c&f (Nov 10-25)
  • 60,000 MT from Olam at 437.00 $/mt c&f (Dec 10-25)
  • 60,000 MT from Bunge at 444.10 $/mt c&f (Jan 10-25)

Dammam Sea Port:

  • 60,000 MT from ADM Hellas at 449.45 $/mt c&f (Nov 10-25)
  • 65,000 MT from Cargill at 442.05 $/mt c&f (Jan 10-25)

Yanbu Sea Port:

  • 60,000 MT from Olam at 440.00 $/mt c&f (Dec 10-25)
  • 60,000 MT from ADM Hellas at 443.36 $/mt c&f (Dec 10-25)
  • 65,000 MT from Cargill at 434.90 $/mt c&f (Jan 10-25)