World Grain - March 2024 - 17

poultry farms, the FAS said, and is a key feed grain used by
commercial feed processors and the domestic dairy industry.
Consumption was estimated at 3.4 million tonnes in 202324
and is projected to increase 29% to 4.4 million tonnes in
2023-24.
Consumption is expected to continue to increase significantly
over the next several years, the FAS said. Saudi Arabia
produces 15,000 tonnes of corn per year for human consumption.
Imports
are expected to hold steady in 2022-23 at 3.6 million
tonnes but increase to 4.8 million tonnes in 2023-24 because
of expansions in the Saudi poultry farming sector.
Milling privatization
In 2018, SAGO was approved to sell its flour milling companies
as part of the government's privatization drive started
under Vision 2030. Two mills were sold in 2020 for a
total of $740.5 million and the last two were sold in 2021
for $800 million.
Together, the companies have grain storage capacity of
745,000 tonnes and have wheat milling capacity of 15,150
tonnes per day and feed milling capacity of 2,600 tonnes
per day.
Now, two of the companies have completed an IPO and a
third is expected this year. First Milling Co. went public in
May 2023 with a $266 million IPO. Modern Mills is expected
to raise between $288 million and $314 million in its IPO
launched at the beginning of this year.
Privatization is expected to increase the diversity of flour
products in the local market, improve food security and service
standards to customers.
All Saudi Arabian wheat, both imported and produced locally,
is used exclusively for human consumption, the FAS
said. It is mostly consumed in the form of flat bread or as a
local hamburger bun known as a Samoli. Western-style bread,
including French baguettes and pizza, are also popular.
Per capita consumption was estimated at 91 kg of wheat
flour in 2021-22. While white flour is the bulk of flour consumed
in Saudi Arabia, there has been growing demand for
whole wheat flour due to its perceived health benefits.
" It should be noted that Saudi Arabia has one of the highest
diabetic and obesity rates in the world, " the FAS said. " As a
result, the four flour mills currently operating in the Kingdom
have increased their whole wheat production in recent years to
meet growing demand. "
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World Grain - March 2024

Table of Contents for the Digital Edition of World Grain - March 2024

World Grain - March 2024 - Intro
World Grain - March 2024 - 1
World Grain - March 2024 - 2
World Grain - March 2024 - 3
World Grain - March 2024 - 4
World Grain - March 2024 - 5
World Grain - March 2024 - 6
World Grain - March 2024 - 7
World Grain - March 2024 - 8
World Grain - March 2024 - 9
World Grain - March 2024 - 10
World Grain - March 2024 - 11
World Grain - March 2024 - 12
World Grain - March 2024 - 13
World Grain - March 2024 - 14
World Grain - March 2024 - 15
World Grain - March 2024 - 16
World Grain - March 2024 - 17
World Grain - March 2024 - 18
World Grain - March 2024 - 19
World Grain - March 2024 - 20
World Grain - March 2024 - 21
World Grain - March 2024 - 22
World Grain - March 2024 - 23
World Grain - March 2024 - 24
World Grain - March 2024 - 25
World Grain - March 2024 - 26
World Grain - March 2024 - 27
World Grain - March 2024 - 28
World Grain - March 2024 - 29
World Grain - March 2024 - 30
World Grain - March 2024 - 31
World Grain - March 2024 - 32
World Grain - March 2024 - 33
World Grain - March 2024 - 34
World Grain - March 2024 - 35
World Grain - March 2024 - 36
World Grain - March 2024 - 37
World Grain - March 2024 - 38
World Grain - March 2024 - 39
World Grain - March 2024 - 40
World Grain - March 2024 - 41
World Grain - March 2024 - 42
World Grain - March 2024 - 43
World Grain - March 2024 - 44
World Grain - March 2024 - 45
World Grain - March 2024 - 46
World Grain - March 2024 - 47
World Grain - March 2024 - 48
World Grain - March 2024 - 49
World Grain - March 2024 - 50
World Grain - March 2024 - 51
World Grain - March 2024 - 52
World Grain - March 2024 - 53
World Grain - March 2024 - 54
World Grain - March 2024 - 55
World Grain - March 2024 - 56
World Grain - March 2024 - 57
World Grain - March 2024 - 58
World Grain - March 2024 - 59
World Grain - March 2024 - 60
World Grain - March 2024 - 61
World Grain - March 2024 - 62
World Grain - March 2024 - 63
World Grain - March 2024 - 64
World Grain - March 2024 - 65
World Grain - March 2024 - 66
World Grain - March 2024 - 67
World Grain - March 2024 - 68
World Grain - March 2024 - 69
World Grain - March 2024 - 70
World Grain - March 2024 - 71
World Grain - March 2024 - 72
World Grain - March 2024 - 73
World Grain - March 2024 - 74
World Grain - March 2024 - 75
World Grain - March 2024 - 76
https://digital.world-grain.com/sosland/wg/world-grain-november-2024
https://digital.world-grain.com/sosland/wg/world-grain-october-2024
https://digital.world-grain.com/sosland/wg/world-grain-september-2024
https://digital.world-grain.com/sosland/wg/world-grain-august-2024
https://digital.world-grain.com/sosland/wg/world-grain-july-2024
https://digital.world-grain.com/sosland/wg/world-grain-june-2024
https://digital.world-grain.com/sosland/wg/world-grain-may-2024
https://digital.world-grain.com/sosland/wg/world-grain-april-2024
https://digital.world-grain.com/sosland/wg/world-grain-march-2024
https://digital.world-grain.com/sosland/wg/world-grain-february-2024
https://digital.world-grain.com/sosland/wg/world-grain-january-2024
https://digital.world-grain.com/sosland/wg/world-grain-december-2023
https://digital.world-grain.com/sosland/wg/world-grain-november-2023
https://digital.world-grain.com/sosland/wg/world-grain-october-2023
https://digital.world-grain.com/sosland/wg/world-grain-september-2023
https://digital.world-grain.com/sosland/wg/world-grain-august-2023
https://digital.world-grain.com/sosland/wg/world-grain-july-2023
https://digital.world-grain.com/sosland/wg/world-grain-june-2023
https://digital.world-grain.com/sosland/wg/world-grain-may-2023
https://digital.world-grain.com/sosland/wg/world-grain-april-2023
https://digital.world-grain.com/sosland/wg/world-grain-march-2023
https://digital.world-grain.com/sosland/wg/world-grain-february-2023
https://digital.world-grain.com/sosland/wg/world-grain-january-2023
https://digital.world-grain.com/sosland/wg/world-grain-december-2022
https://digital.world-grain.com/sosland/wg/world-grain-november-2022
https://digital.world-grain.com/sosland/wg/world-grain-october-2022
https://digital.world-grain.com/sosland/wg/world-grain-september-2022
https://digital.world-grain.com/sosland/wg/world-grain-august-2022
https://digital.world-grain.com/sosland/wg/world-grain-july-2022
https://digital.world-grain.com/sosland/wg/world-grain-june-2022
https://digital.world-grain.com/sosland/wg/world-grain-may-2022
https://digital.world-grain.com/sosland/wg/world-grain-april-2022
https://digital.world-grain.com/sosland/wg/world-grain-march-2022
https://digital.world-grain.com/sosland/wg/world-grain-february-2022
https://digital.world-grain.com/sosland/wg/world-grain-january-2022
https://digital.world-grain.com/sosland/wg/world-grain-december-2021
https://digital.world-grain.com/sosland/wg/-world-grain-november-2021
https://digital.world-grain.com/sosland/wg/world-grain-october-2021
https://digital.world-grain.com/sosland/wg/world-grain-september-2021
https://digital.world-grain.com/sosland/wg/world-grain-august-2021
https://digital.world-grain.com/sosland/wg/world-grain-july-2021
https://digital.world-grain.com/sosland/wg/world-grain-june-2021
https://digital.world-grain.com/sosland/wg/world-grain-may-2021
https://digital.world-grain.com/sosland/wg/world-grain-april-2021
https://digital.world-grain.com/sosland/wg/world-grain-march-2021
https://digital.world-grain.com/sosland/wg/world-grain-february-2021
https://digital.world-grain.com/sosland/wg/2021_01_01
https://digital.world-grain.com/sosland/wg/2020_12_01
https://digital.world-grain.com/sosland/wg/2020_11_01
https://digital.world-grain.com/sosland/wg/2020_10_01
https://digital.world-grain.com/sosland/wg/2020_09_01
https://digital.world-grain.com/sosland/wg/2020_08_01
https://digital.world-grain.com/sosland/wg/2020_07_01
https://digital.world-grain.com/sosland/wg/2020_06_01
https://digital.world-grain.com/sosland/wg/2020_05_01
https://digital.world-grain.com/sosland/wg/2020_04_01
https://digital.world-grain.com/sosland/wg/2020_03_01
https://digital.world-grain.com/sosland/wg/2020_02_01
https://digital.world-grain.com/sosland/wg/2020_01_01
https://digital.world-grain.com/sosland/wg/2019_12_01
https://digital.world-grain.com/sosland/wg/2019_11_01
https://digital.world-grain.com/sosland/wg/2019_10_01
https://digital.world-grain.com/sosland/wg/2019_09_01
https://digital.world-grain.com/sosland/wg/2019_08_01
https://digital.world-grain.com/sosland/wg/2019_07_01
https://digital.world-grain.com/sosland/wg/2019_06_01
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https://digital.world-grain.com/sosland/wg/2019_03_01
https://digital.world-grain.com/sosland/wg/2019_02_01
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http://digital.world-grain.com/sosland/wg/2018_12_01
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https://www.nxtbook.com/sosland/wg/2018_02_01
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https://www.nxtbook.com/sosland/wg/2016_04_01
https://www.nxtbook.com/sosland/wg/2016_03_01
https://www.nxtbook.com/sosland/wg/2016_02_01
https://www.nxtbook.com/sosland/wg/2016_01_01
https://www.nxtbook.com/sosland/wg/2015_12_01
https://www.nxtbook.com/sosland/wg/2015_11_01
https://www.nxtbook.com/sosland/wg/2015_10_01
http://digital.world-grain.com/sosland/wg/2015_09_01
http://digital.world-grain.com/sosland/wg/2015_08_01
http://digital.world-grain.com/sosland/wg/2015_07_01
http://digital.world-grain.com/sosland/wg/2015_06_01
http://digital.world-grain.com/sosland/wg/2015_05_01
https://www.nxtbook.com/sosland/wg/2015_04_01
https://www.nxtbook.com/sosland/wg/2015_03_01
https://www.nxtbook.com/sosland/wg/2015_02_01
http://digital.world-grain.com/sosland/wg/2015_01_01
http://digital.world-grain.com/sosland/wg/2014_12_15
https://www.nxtbook.com/sosland/wg/2014_12_01
https://www.nxtbook.com/sosland/wg/2014_11_01
https://www.nxtbook.com/sosland/wg/2014_10_01
https://www.nxtbook.com/sosland/wg/2014_09_01
https://www.nxtbook.com/sosland/wg/2014_08_01
https://www.nxtbook.com/sosland/wg/2014_07_01
https://www.nxtbook.com/sosland/wg/2014_06_01
https://www.nxtbook.com/sosland/wg/2014_05_01
https://www.nxtbook.com/sosland/wg/2014_04_01
https://www.nxtbook.com/sosland/wg/2014_03_01
https://www.nxtbook.com/sosland/wg/2014_02_01
https://www.nxtbook.com/sosland/wg/2014_01_01
https://www.nxtbook.com/sosland/wg/2013_12_01
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https://www.nxtbook.com/sosland/wg/2013_08_01
https://www.nxtbook.com/sosland/wg/2013_07_01
https://www.nxtbook.com/sosland/wg/2013_06_01
https://www.nxtbook.com/sosland/wg/2013_05_01
https://www.nxtbook.com/sosland/wg/2013_04_01
https://www.nxtbook.com/sosland/wg/2013_03_01
https://www.nxtbook.com/sosland/wg/2013_02_01
https://www.nxtbook.com/sosland/wg/2013_01_01
https://www.nxtbook.com/sosland/wg/2012_12_01
https://www.nxtbook.com/sosland/wg/2012_11_01
https://www.nxtbook.com/sosland/wg/2012_10_01
https://www.nxtbook.com/sosland/wg/2012_09_01
https://www.nxtbook.com/sosland/wg/2012_08_01
https://www.nxtbook.com/sosland/wg/2012_07_01
https://www.nxtbook.com/sosland/wg/2012_06_01
https://www.nxtbook.com/sosland/wg/2012_05_01
https://www.nxtbook.com/sosland/wg/2012_04_01
https://www.nxtbook.com/sosland/wg/2012_03_01
https://www.nxtbook.com/sosland/wg/2012_02_01
https://www.nxtbook.com/sosland/wg/2012_01_01
https://www.nxtbook.com/sosland/wg/2011_12_01
https://www.nxtbook.com/sosland/wg/2011_11_01
https://www.nxtbook.com/sosland/wg/2011_10_01
https://www.nxtbook.com/sosland/wg/20111_09_01
https://www.nxtbook.com/sosland/wg/2011_08_01
https://www.nxtbook.com/sosland/wg/2011_07_01
https://www.nxtbook.com/sosland/wg/2011_06_01
https://www.nxtbook.com/sosland/wg/2011_05_01
https://www.nxtbook.com/sosland/wg/2011_04_01
https://www.nxtbook.com/sosland/wg/2011_03_01
http://digital.world-grain.com/sosland/wg/2011_02_01
http://digital.world-grain.com/sosland/wg/2011_02_01
http://digital.world-grain.com/sosland/wg/2011_02_01
http://digital.world-grain.com/sosland/wg/2011_01_01
http://digital.world-grain.com/sosland/wg/2010_12_01
http://digital.world-grain.com/sosland/wg/2010_11_01
http://digital.world-grain.com/sosland/wg/2010_10_01
http://digital.world-grain.com/sosland/wg/2010_09_01
http://digital.world-grain.com/sosland/wg/2010_08_01
http://digital.world-grain.com/sosland/wg/2010_07_01
http://digital.world-grain.com/sosland/wg/2010_06_01
http://digital.world-grain.com/sosland/wg/2010_05_01
http://digital.world-grain.com/sosland/wg/2010_04_01
http://digital.world-grain.com/sosland/wg/2010_03_01
http://digital.world-grain.com/sosland/wg/2010_02_01
http://digital.world-grain.com/sosland/wg/2010_01_01
http://digital.world-grain.com/sosland/wg/2009_12_01
http://digital.world-grain.com/sosland/wg/2009_11_01
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