Saudi Arabia’s SAGO buys 745,000 tonnes of wheat in latest tender

SourceZawya
SectorEconomy
CountrySaudi Arabia

Saudi Arabia's SAGO buys 745,000 tonnes of wheat in latest tender Of the total, SAGO bought 60,000 tonnes of wheat, of 11% protein at $245.37 a tonne for November delivery,    Image used for illustrative purpose. A combine harvester gathers wheat in fields at the start of harvesting on August 9, 2010 in Chebsey near Stafford, United Kingdom.DUBAI  - Saudi Arabia's state grain buyer SAGO said on Monday it bought 745,000 tonnes of wheat at its latest international purchasing tender.Of the total, SAGO bought 60,000 tonnes of wheat of 11% protein at $245.37 a tonne for November delivery, the buying agency said.It also bought 685,000 tonnes of 12.5% protein wheat at the average price of $251.13 a tonne for delivery periods between November and January.Of the total, SAGO bought 60,000 ...read more...