Russia has started wheat deliveries to Saudi Arabia
10 Apr, 2020
On April 3 Russia dispatched the first batch of wheat to Saudi Arabia. The volume of the supply amounted to more than 60 thousand tons; previously, the batch was examined for compliance with the phytosanitary requirements of the importing country.
For several years the Russian party has been working hard at getting access of domestic wheat to the Saudi market. Last year, the Minister of Agriculture Dmitry Patrushev paid a working visit to the Kingdom to have talks with the Minister of Environment, Water and Agriculture of the Kingdom, Abdurahman Al-Fadli. Among numerous points to be touched upon, they agreed on softening the requirements for Russian wheat and signed a memorandum on the mutual agriexport expansion. Later on, the State Food Procurement Agency of Saudi Arabia (SAGO) officially confirmed that the conditions for imported wheat were forebeared, giving way the Russian companies to take part in the SAGO tenders.
Saudi Arabia is one of the largest food markets in the Mediterranean region, and in the nearest future may may become one of the largest buyers of Russian wheat, which protein content of 12.5%, fixed as a baseline for Russian exports, is in demand in this market.
Due to fairly rich grain yield over the recent years, Russia has become the largest global wheat exporter.