Recent Study: Saudi Arabia Agribusiness Report Q2 2013
BMI View: Saudi Arabia will increasingly be dependent on global grain supply, as the country has decided to phase out domestic production in a bid to preserve the country's water supply. The government has not abandoned its strategy of self-sufficiency in poultry and has been ramping up incentives to expand capacity production. This strategy has paid off, as the three major producers have all started heavy investment in the sector. We believe Saudi Arabia will find sufficient grain supply from...
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