AreaSaudi Arabia

Commodity GroupGrains

CommodityWheat

Date03/07/2022

Policy CategoryConsumption and marketing

Policy InstrumentGovernment procurement

DescriptionAnnounced that local farmers will be reimbursed for any price increase if the government had awarded international tenders at a price exceeding the approved purchase price (set at SAR 1 700 per tonne). The purchase price policy will be effective for the 2022 harvest season, which ends October 2022.