Saudi Arabia Has 2 Million Sacks of Flour in Stock, Madina Says

Saudi Arabia has 2 million sacks of flour in stock, or enough for six months’ consumption, in the kingdom’s strategic wheat reserves, al-Madina newspaper reported, citing Agriculture Minister Fahad Balghunaim.

Saudi Arabia has no plans to expand rice production because it consumes large quantities of water, the newspaper reported.

To contact the reporter on this story: Glen Carey in Riyadh at gcarey8@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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