SFDA move to impose travel ban on workers of food outlets in the event of food poisoning    Move to ban on establishing zoos in residential neighborhoods    GACA: 1029 complaints recorded against airlines, with least complaints in Riyadh and Buraidah airports during October    CMA plans to allow former expatriates in Saudi and other Gulf states to invest in TASI    11 killed, 23 injured in Israeli airstrike on Beirut    Trump picks billionaire Scott Bessent for Treasury Secretary    WHO: Mpox remains an international public health emergency    2 Pakistanis arrested for promoting methamphetamine    Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Al Qadsiah hands Al Nassr their first defeat in the Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi private sector lifts feed barley acquisitions
Published in The Saudi Gazette on 06 - 10 - 2012

HAMBURG – Saudi Arabian private buyers have purchased 330,000 tons of feed barley of optional origin thought likely to be sourced from Argentina and Australia, European traders said.
Price was between $335 and $340 a ton cost and freight depending on Saudi port of discharge.
The grain was for shipment in December 2012 and January 2013, traders said.
The Black Sea region is traditionally Saudi Arabia's main supplier of feed grains. But crops in Russia and Ukraine were seriously damaged by a summer drought and heatwave this summer, cutting supplies for grain exports.
“It looks like Saudi buyers will be compelled to buy from much further afield in the next few months,” a trader said.

“They have already bought a lot in west Europe.”
Another trader said: “The Saudis offered about $330 a ton for October shipment in the Black Sea market and could not get anything like the volumes offered from Argentina and Australia.”

“Argentine barley export selling prices have risen by about $4 a ton in the last two days to $299 a ton for December/January shipment so it seems possible that some of this business is being placed there.”
An earlier report from USDA Foreign Agricultural Service said Saudi domestic barley consumption in 2012/2013 is forecasted to decline by 9 percent to 6.3 million MT compared to about 7 million in 2011/2012 due to mainly the recent introduction of feed grade wheat that is being used as a barley substitute in the feed ration.
Traditionally, white barley has been the preferred animal feed and approximately 80 percent of imported barley is used in feeding sheep, camels, and goats, especially when pasture conditions are poor and barley prices are lower than other feed products. Future barley consumption in Saudi Arabia is expected to fluctuate based on its price competitiveness compared to other feed alternatives such as feed grade wheat, processed feed and other feed alternatives such as forage. For example, if a price of 50 kg of barley is higher than the barley
domestically produced feed concentrates of the same weight, a large number of livestock farmers switch to feed concentrates.
The barley shortage in 2010/2011 compelled large number of domestic livestock farmers particularly camels, sheep and goats farmers to switch to a locally manufactured processed feed known as Wafi. The product, which was introduced in 2007 by ARASCO, the leading animal feed producer in Saudi Arabia, is marketed as a complete animal feed consisting of cereals, wheat bran, soybean meal, molasses, alfalfa, minerals and vitamins. Currently, 50 kg of Wafi is sold at $11.20 and a MT for $224 at ARASCO's distribution facilities.
The Saudi government terminated its domestic barley production subsidy program in 2003 which brought to an end a two decade long domestic commercial barley production. Currently, 25,000 metric tons of barley is produced domestically for human consumption.
Saudi Arabia's barley imports for 2012/2013 is forecasted to decrease by 9 percent to 6.5 million MT compared 7.2 million MT in 2011/2012 mainly due to the expected increase in feed grade wheat imports.
Saudi Arabia, which remained the largest feed barley importers in the world, has been importing more than 7.5 million MT annually for the past several years, the report said.
The MOF in 2011/2012 signed contracts with several major former barley importers to pack imported barley and distribute it to end users under MOF's direct supervision. This new approach resulted in an efficient distribution of imported barley and facilitated in the resumption of barley imports to meet the high domestic demand for barley.
In 2011/2012 the MOF signed a memorandum of understanding with Ukraine Minister of Agriculture for long term supply of barley. Even though the MOF has not released detailed information on the Saudi-Ukraine long term barley supply contract, domestic newspapers indicated that Saudi Arabia has options to import up to 7 million MT of grains mostly barley from Ukraine. Ukraine, which has been the dominant barley supplier to Saudi Arabia for more than a decade, commenced some feed grade wheat exports to Saudi Arabia in TY2011.
Barley ending stock in 2012/2013 is forecasted to increase by 37 percent compared to stock level in 2010/2011 due to the increase in barley imports and to the increase of consumption of feed grade wheat as well as processed animal feed such as Wafi. MOF aims at maintaining more than three months of total barley domestic consumption as a strategic reserve.
In 2008, the Saudi Ministry of Agriculture (MOA) announced Saudi Arabia's animal feed policy that included a 50 percent reduction in barley imports by 2015. To achieve this goal, the government announced in 2008 a decision to include 17 energy and protein rich animal feed ingredients in its long-standing imported animal feed subsidy program. Prior to 2008, the Saudi government paid import subsidies for only imports of yellow corn, soybean meal and barley.
Since 2008, the government has revised the imported animal feed subsidy list four times. The most recent amendment to the imported animal feed subsidy was announced on July 27, 2011 which increased subsidies paid on imported several animal feed by 100 percent. The list included 31 animal feed ingredients of which 14 were new feed ingredients such as Dried Distillers Grain with Soluble (DDGS), and Corn Gluten Feed (CGF).
According to the July 2011 Saudi imported feed decree, the imported animal feed receives rebates which range between $49.33 and $202.13 per metric ton, depending on the feed type based on the energy and protein contents of each feed ingredient. This means, the higher the protein and energy levels a feed ingredient contains, the more subsidy the Saudi government pays for the import of that particular feed ingredient. – SG/Reuters


Clic here to read the story from its source.