AreaSaudi Arabia
Commodity GroupGrains
CommodityWheat
Date08/07/2018
Policy CategoryConsumption and marketing
Policy InstrumentGovernment support
DescriptionThe Saudi Grains Organization (SAGO) approved a five-year domestic support programme to procure up to 700 000 tonnes of wheat annually from producers. During the agricultural season 2018/19, acquisition prices will be similar to the organisations global import prices or at SAR 1 250 (USD 333) per tonne, whichever is higher. Prices will be subject to review after two agricultural seasons. Under the support scheme, farmers will be authorized to plant wheat on a maximum of 50 ha.
