Tender Update 05.10.2026

🇸🇦 Saudi Arabia buys 683,000 tonnes of wheat

Saudi Arabia's General Food Security Authority (GFSA) purchased around 683,000 tonnes of hard wheat in an international tender, exceeding the originally sought volume of 535,000 tonnes.

📌 Key details:

• Buyer: General Food Security Authority (GFSA)
• Commodity: hard wheat
• Purchased volume: 683,000 tonnes
• Tender volume: 535,000 tonnes
• Average price: $339.24/tonne C&F
• Delivery: November-December 2026
• Consignments: 11
• Destinations: Saudi Red Sea ports
• Optional origins: European Union, Black Sea, North America, South America and Australia

🚢 Jeddah - 185,000 tonnes

• 60,000 tonnes - Cargill - $342.79/tonne C&F - November 20-30
• 60,000 tonnes - Aston - $342.98/tonne C&F - December 1-15
• 65,000 tonnes - Olam - $338.50/tonne C&F - December 15-31

🚢 Yanbu - 320,000 tonnes

• 65,000 tonnes - Bunge - $334.66/tonne C&F - November 20-30
• 65,000 tonnes - Bunge - $337.66/tonne C&F - December 1-15
• 65,000 tonnes - Bunge - $336.56/tonne C&F - December 15-31
• 60,000 tonnes - CHS - $338.80/tonne C&F - December 15-31
• 65,000 tonnes - Bunge - $339.56/tonne C&F - December 15-31

🚢 Neom - 123,000 tonnes

• 63,000 tonnes - Olam - $336.50/tonne C&F - November 20-30
• 60,000 tonnes - Olam - $337.25/tonne C&F - December 15-31

🚢 Jizan - 55,000 tonnes

• 55,000 tonnes - Soufflet - $348.00/tonne C&F - December 15-31

The purchase was 148,000 tonnes above the original tender volume. Sellers have the option to select the final supply origin from the approved regions.

The tender comes after Saudi Arabia made no purchase in its previous 535,000-tonne wheat tender on September 7 because prices were considered too high.

Current disruptions to Black Sea exports have reduced access to cheaper Russian and Ukrainian wheat, while deliveries to Red Sea ports avoid shipping through the Strait of Hormuz.