Saudi Kingdom points to supplier seeking a massive 655,000 metric tonne wheat haul
Saudi Arabia Sets Wheat Buying Tender for August-October 2025
Get ready, grain traders! Saudi Arabia's food security game is heating up with a bang as the General Food Security Authority (GFSA) announced a tender for a whopping 655,000 metric tons of wheat. Here's the lowdown on this mammoth deal:
- Tender Details: The tender covers a jaw-dropping amount of 655,000 metric tons of wheat, slated for distribution between August and October 2025.
- Shipment Destinations:
- Jeddah: A hefty 240,000 tons is earmarked for Jeddah, due to arrive between August 15 and October 15.
- Yanbu: Another 240,000 tons will make its way to Yanbu, coinciding with Jeddah's arrival window.
- Dammam: Approximately 120,000 tons will head to Dammam, with an estimated arrival date between August 15 and September 30.
- Jizan: Expect 55,000 tons to hit Jizan's shores, scheduled to arrive in the first half of October.
- Timeline: If you're in the bidding game, you've got until May 16 to submit your price offers. Results will be unveiled on May 19, according to European traders.
- Protein Content: The tender calls for 11 consignments of wheat with a 12.5% protein content sourced from optional origins[1][2][3][4].
Meanwhile, Saudi Arabia's Public Investment Fund (PIF) is making headlines with multi-billion-dollar investment deals with US asset managers[5]. With the Kingdom's aggressive expansion into the global market, this massive wheat tender is just another step in their journey to build a steady, self-sufficient food system for the future.
Now, lace up those boots, it's time to get trading!
[1] Gulf Business article on GFSA's wheat tender
[2] Reuters article on GFSA's wheat tender
[3] Agrismart article on GFSA's wheat tender
[4] World Grain post on GFSA's wheat tender
[5] Financial Times article on PIF's investment deals with US asset managers
The financial industry is seeing significant activity as Saudi Arabia, in a move to bolster its food security, has announced a tender for 655,000 metric tons of wheat in the global grain trading market. Meanwhile, the Kingdom's Public Investment Fund (PIF) is making waves with multi-billion-dollar investment deals in the finance sector, signaling Saudi Arabia's growing presence in the global business and investing landscape.