# Saudi returns as volume buyer for Australian barley - Grain Central

> Saudi Arabia bought around one million tonnes of Australian feed barley this week from eight traders, with optional origin and arrival in January to mid-March 2017. Trade sources said the purchase is a return to volume buying after the 2013-14 season, when Saudi bought 1.2Mt.

- Date: 2016-12-08 · published 2016-12-08T12:00:00.000Z
- Category: trade · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/73511-saudi-returns-as-volume-buyer-for-australian-barley-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A large new export destination absorbs supply during Australia's record harvest and puts a floor under feed barley values, supporting prices for buyers sourcing barley.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/saudi-returns-as-volume-buyer-for-australian-barley/

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