Saudi Arabia: Grain and Feed Annual
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Saudi corn imports in marketing year (MY) 2017/18 are forecast to increase by 15 percent, to about 4 million MT. In MY 2016/17, U.S. corn exports continued their dominance of the Saudi market, surpassing 2 million metric tons (MT) and accounting for about 60 percent of the market. Saudi MY 2017/18 wheat imports are projected at approximately 3.26 million MT, a decrease of 10 percent compared to the previous MY. Saudi barley imports in MY 2017/2018 are projected at approximately 7.8 million MT, a 4 percent decline compared to 8.1 million MT imported in MY 2016/17. Projected MY 2017/18 Saudi rice imports are 5 percent lower than the MY 2016/17 estimate, at 1.05 million MT. The departure of resident expatriates is the main reason for the declining demand for wheat and rice imports.
