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- (-) April 2018
- (-) Taiwan
- (-) Saudi Arabia
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The Saudi Grains Organization (SAGO) has concluded its barley purchases for marketing year (MY) 2017/18.
On April 10, Taiwan completed a Simultaneous-Buy and Sell (SBS) tender for 18,500 tons of U.S. origin rice.
Taiwan is the United States sixth largest export market for soybeans. Soybean consumption and imports are forecast to remain stable in MY2017/18 and MY2018/19 at 2.525 million tons.
Rice production continues to be strong despite falling demand, as many farmers prefer the guaranteed income that comes from the government rice procurement program.
The Saudi food processing sector has been rapidly growing due to government support of food processers, rising per capita income and major demographic and socio-economic changes.