European traders: Saudi Arabia tenders to buy 660,000 tons hard wheat

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Saudi Arabia’s state grains authority GSFMO has issued an international tender to purchase 660,000 tons of hard wheat, European traders said on Friday.

The tender deadline is Saturday, August 24 and offers must remain valid up to Monday, August 26, traders said.

The tender sought wheat with a minimum 12.5 percent protein, traders said.

Some 330,000 tons was sought for shipment to the port of Jeddah and 330,000 tons to the port of Dammam.

Six shipments of 55,000 tons were sought for each port in stages from November 1 to December 30.

In its last reported tender on June 3, Saudi Arabia bought410,000 tons of hard wheat and 115,000 tons of soft wheat for shipment between September and October.

Saudi Arabia has become a major importer of both hard and soft wheat after abandoning plans for self-sufficiency in wheat in 2008 as farming in the desert used huge volumes of precious water.

It aims steadily to reduce agriculture and plans to be completely reliant on imports by 2016 in order to save water.