Business & Policy
Saudi Arabia stops buying Canadian wheat and barley
Saudi Arabia’s main state wheat buying agency has told grains exporters it will no longer buy Canadian wheat and barley in its international tenders, European traders said on Tuesday, as a diplomatic dispute between the two countries escalates.
Traders said they had received an official notice from the Saudi Grains Organization (SAGO) about its decision. The effects of the decision will be felt sooner in the barley market than the wheat. | READ MORE