Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 

Home > News

Saudi Arabias barley imports for the first six months of MY 2021/22 is estimated at 2.36 MMT

09.02.2022 17:32 "Agro Perspectiva" (Kyiv) Following are selected highlights from a report issued by a U. S. Department of Agriculture attache in The Riyadh, total Saudi feed barley consumption for MY 2021/22 is estimated at 5.4 MMT, down 13 percent from USDAs official estimate of 6.2 MMT. Over the previous seven months, the weather throughout the

production season was atrocious (high temperatures and no rainfall) compared to the previous year creating poor pasture-like conditions for livestock. As such, demand for barley and processed feed should have increased, but the exact opposite occurred. While there is no definitive explanation for the significant decrease in local barley consumption this marketing year, most experts attribute it to the mass exodus of local farmers from the livestock industry.

According to numerous local feed producers, the demand for processed feed decreased 30 percent over the past three months even though a 50-kg bag of processed feed was priced $2.13 below a 50-kg bag of barley. While no recent official government data is available, some contacts believe that a significant

number of local livestock farmers exited the profession due to increasing barley prices mixed in with a low fixed government monthly cash payment to farmers. Others say demand is low because of the continued exit of recreational farmers, who usually keep a few hundred sheep or goats, but departed due to higher farming costs. However, other experts believe demand is down because farmers are reducing waste, thus buying less barley.


Recent available data shows that the Kingdom imported approximately 2.36 MMT of barley in the first six months of MY 2021/22 (July — December 2021), a reduction of 41 percent compared to the same period last year (4 MMT). Imports are down mainly due to acute freight shortages from supplying countries along with decreased demand. Nevertheless, forthcoming improvements in freight logistics in Australia is expected to expedite the shipment of barley to Saudi Arabia, propelling the country forward as the dominant supplier to the Kingdom.

Per domestic and international grain traders, Australia exported an average of 382,000 MT per month of barley to Saudi Arabia since November 2021, and it is expected to continue for the rest of this marketing year. Australia is the most competitive barley exporter to Saudi Arabia, and it is projected to supply

approximately 420,000 MT to Saudi Arabia per month for the remainder of this marketing year;

enabling the country to supply about 70 percent of the forecasted total (5.2 MMT, 16 percent below USDAs official estimate). Meanwhile, total Saudi barley imports for MY 2021/22 were reduced approximately 25 percent compared to MY 2020/21 imports of approximately 7 MMT.

Local Barley Compared to Compound Feed

Currently, a 50-kg of barley is sold for $19.32 inclusive of the 15 percent VAT at packing terminals while the same quantity was sold for $15.74 in August 2021. Various experts indicate that the increase in domestic barley price has forced a number of smaller livestock producers (goat and sheep) to leave the industry. As a result, ARASCO has maintained the wholesale price of its 50-kg bag of «Wafi» compound feed at least 8 Saudi Riyal (SAR), or $2.13 USD, below the price of barley of the same weight. ARASCO is also keeping a lower price to educate livestock farmers about the cost and weight gain benefits of its feed compared to grain barley.

Agro Perspectiva

< Cereal production, utilization, and trade reaching record levels in 2021/22 All news for
2022 Global Rice Exports Forecast to Top 50 Million Tons, Led by India >

15:38 FAO Food Price Index registered a steep drop in July
15:55 BASF enters power agreements for clean energy supply of more than 20 BASF sites across the United States
13:22 FAO to boost soil nutrient mapping in Central America and sub-Saharan Africa $20 million contribution from U.S.A. will catalyze more efficient use of fertilizers
12:21 Europe and Central Asia: Promoting green agriculture to transform local agrifood systems
11:23 Ukraine: Canada contributes USD 40 million to cover 2.4 million tonnes of storage
16:55 South Africa Fresh Orange Production and Exports Climb Higher
11:28 BASF transforms market towards certified, sustainably sourced coconut oil
02:43 Black Sea grain exports deal a beacon of hope amid Ukraine war - Guterres
12:43 Russia illegally exports 150,000-170,000 tonnes of grain from Ukraine per month - Ukrainian Ambassador to Turkey
08:35 Export prices for milling wheat again fell slightly
09:50 No concrete agreements on holding talks with participation of Ukraine, Russia, Turkey, UN on grain export MFA
20:32 Coca-Cola to cease production and sales in Russia
16:27 Afghanistan: FAO and the World Bank step up their response to the worsening food security $195 million emergency project aims to provide critical life-saving and livelihood assistance to smallholder farmers
13:32 Ukraine calls on other countries to abandon export restrictions - trade representative
12:26 India bans wheat exports to ensure sufficient domestic food grain supply
10:28 Thailand Sugar Production and Exports Continue to Rebound
11:11 Global rapeseed supplies in 2022/23 are projected to a record 100.5 MMT
12:51 Global soybean production in 2022/23 is forecast at a record 394.7 MMT
09:05 Global soybean production in 2022/23 is forecast at a record 394.7 MMT
15:00 Ukraine rapeseed production is forecast to rise despite the ongoing hostilities
10:49 2021/22 Indonesia Palm Oil Exports Slashed
15:45 Astarta Completed Spring Planting 2022
16:37 2022/23 Grain Consumption Exceeds Production, Stocks Tighten
14:31 EBRD to play key role in support of Ukraine, President says
11:15 Vegetable oil and maize prices slightly decrease after recent surge, while rice, meat, dairy and sugar prices slightly increase and global trade prospects dim
14:03 BASF achieves strong EBIT before special items despite significantly higher energy and raw materials prices
17:52 EU takes steps to suspend all duties on imports from Ukraine
16:27 BASF to wind down activities in Russia and Belarus except for business that supports food production
13:54 EBRD enhances trade finance for Ukraine
09:11 Coca-Cola will provide assistance to Ukraine for up to $15 mln
20:35 Indonesia. Despite the expected increase in production, imports of raw sugar are also forecast to increase
19:43 Australia is expected to produce another big grain crop in MY 2022/23 after a record setting winter crop and strong summer crop production in MY 2021/22
10:15 The Ukraine Conflict and Other Factors Contributing to High Commodity Prices and Food Insecurity
16:25 WFP appeals for access to encircled cities in Ukraine
11:35 Global cereal trade and utilization in 2021/22 revised down
10:25 FAO Food Price Index posts significant leap in March
08:49 FAO launches new phase of agriculture policy initiative with $11 million grant from Bill and Melinda Gates Foundation
21:32 Astarta Starts Spring Planting
21:15 Pakistan. Wheat production in 2022/23 is forecast at 26.4 MMT
13:21 CNH Industrial Statement on Ukraine and Russia
11:10 Market Signals to Sell Soybean Stocks
09:05 2021/22 Grain Trade in Flux Amid Russia-Ukraine Conflict
12:40 FAO Food Price Index rises to record high in February
11:25 The Food Front is open: the food of Ukraine will provide citizens with products under any conditions!
11:21 Ukrainian CCI ask all international trade associations to cease cooperation with representatives of russian trade associations
14:05 Astarta Invests USD14.6m in the Construction of a Modern Sugar Storage Silo
13:18 Brazil. The drought in the south of the country has dampened prospects for a record crop
17:21 World Pulses Day leverages the power of youth to transform agrifood systems
17:17 Shrinking South America Soybean Production Constricts Trade and Boosts Prices
12:10 Astarta Builds its First Silo in the Chernihiv Region

Also available: 

NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2022 © Agrarika, ltd.
tel.: +380 44 5934543; +380 44 5934540
e-mail: client@agroperspectiva.com