# The purchase price for barley in Saudi Arabia grew by 6.5 $/t

> Saudi state buyer SAGO purchased 1.02 million tonnes of feed barley for February and March delivery at an average $216.62/t CFR, up $6.67 from its previous tender. USDA reduced its 2019/20 Saudi feed barley import forecast to 6 million tonnes, while IGC estimates record world barley output.

- Date: 2019-11-19 · published 2019-11-19T12:00:00.000Z
- Category: trade · region Saudi Arabia · magnitude medium
- Page: https://feedsoft.ai/events/56118-the-purchase-price-for-barley-in-saudi-arabia-grew-by-6-5-t
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Strong Saudi demand supports international barley prices, though a lower USDA import forecast and record world output limit upside.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/zakupivelna-tcina-na-yachmin-v-saudivskij-aravii-virosla-na-65-t.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.