Saudi Arabia’s main state wheat buying agency, Saudi Grains Organization, has issued an international tender to purchase 720,000 tonnes of hard wheat. At least part of the purchase could be sourced in Germany and ship loadings have shown large shipments of German wheat moving to Saudi Arabia which seem to indicate parts of previous tenders were supplied with German wheat. But Poland has also emerged as a major exporter recently and so it is not easy to assess the likely origins which will be selected.
Delhi wheat prices unchanged due to high demand, supply
Delhi wheat prices unchanged due to high demand, supply
Egypt raises supply price of wheat for the 2017 crop season.
Egypt raises supply price of wheat for the 2017 crop season.
Delhi wheat prices unchanged due to high demand, supply
Wholesale prices of wheat in the key market of Delhi were largely unchanged as both demand from millers and supply from the govt. were high. Govt sold around 16,000 tonne wheat in Delhi under the Open Market Sale Scheme. Govt will conduct the last open market sale of 2016-17 (April-March) on March9 as the procurement season starts in Madhya Pradesh and Rajasthan by mid-March.
Egypt raises supply price of wheat for the 2017 crop season.
Egypt raised the supply price of wheat it will buy from farmers from mid-April to mid-July depending on the quality of the crop. Second time the country has increased the supply price for wheat in the past five months. Wheat harvest season starts in May. In November 2016, immediately after the country floated its currency and cabinet increased the prices of purchasing wheat from farmers to support local producers.