Saudi Arabia to import 3.5 million tonnes of wheat in 2016

Saudi Arabia's main wheat-buying agency, the General Silos and Flour Mills Organisation (GSFMO), said it expected to import 3.5 million tonnes of wheat in 2016 as local wheat buying grinds to a halt. 

PHOTO: EPA

OCT 14, 201510:34 AM

[RIYADH] Saudi Arabia's main wheat-buying agency, the General Silos and Flour Mills Organisation (GSFMO), said it expected to import 3.5 million tonnes of wheat in 2016 as local wheat buying grinds to a halt.

The agency is on track to import 3.4 million tonnes of wheat in 2015, its Director General Ahmed al-Fares said in a presentation given at the Saudi-French business Forum in Riyadh on Tuesday and obtained by Reuters on Wednesday.

REUTERS