January 30, 2009
Saudi Arabia reduces subsidies on feed imports
The Saudi government will decrease its import subsidies on barley, feed corn and other animal feed ingredients in response to declining world grain and feed prices. According to the US Department of Agriculture, the new decree mandates that import subsidy on barley--the country's leading feed grain--will be reduced from US$800 to US$80 per tonne.
Last year, Saudi Arabia imported 8.2 million tonnes of barley, more than 50 percent of world supply of feed barley exports. The recent decree added Rhodes grass and Sudan grass to the subsidy list.
The decree--which was signed on January 22-- was the third measure that the Saudi government has taken in the past four months. In November 2008, the government reduced import subsidies on feed grains and feed ingredients by up to 60 percent.
|
Feed Type |
Protein Percentage |
Energy per ton |
Subsidy Amount |
Subsidy Amount |
Subsidy Amount |
Subsidy Amount |
|
Jan 9 |
Nov 8 |
Oct 8 |
Mar 8 | |||
|
Barley |
Feed barley specification |
Feed barley specification |
$53.33 |
$80.00 |
$200.00 |
$320.00 |
|
Yellow corn |
8.5 |
3,250 |
$60.26 |
$88.00 |
$234.67 |
$266.67 |
|
Soybean meal |
48 |
2,440 |
$101.06 |
$133.33 |
$348.53 |
$396.00 |
|
Soybean meal |
44 |
2,230 |
$92.26 |
$135.20 |
$317.87 |
$361.33 |
|
Sorghum-white or red |
7 |
2,800 |
$50.13 |
$90.13 |
$247.33 |
$250.13 |
|
Oat |
9 |
2,550 |
$52.53 |
$76.80 |
$199.47 |
$266.67 |
|
Wheat bran |
14 |
2,550 |
$56.00 |
$85.33 |
$217.60 |
$247.20 |
|
Palm Kernel meal |
17 |
2,630 |
$61.13 |
$89.60 |
$227.73 |
$258.37 |
|
Cotton seed meal |
38 |
2,400 |
$86.66 |
$130.66 |
$311.47 |
$353.60 |
|
Canola meal |
35 |
2,000 |
$76.80 |
$118.40 |
$279.20 |
$317.07 |
|
Feed Type |
Protein Percentage |
Energy per ton |
Subsidy Amount |
Subsidy Amount |
Subsidy Amount |
Subsidy Amount |
|
Jan 9 |
Nov 8 |
Oct 8 |
Mar 8 | |||
|
Alfalfa |
17 |
2,450 |
$58.66 |
$0.00 |
$0.00 |
$0.00 |
|
Alfalfa hay |
13 |
2,220 |
$49.86 |
$70.40 |
$207.73 |
$205.87 |
|
Rhodes grass |
5 |
1,900 |
$34.40 |
$74.66 |
$181.87 |
$189.33 |
|
Sudan grass |
8 |
2,000 |
$40.00 |
$0.00 |
$0.00 |
$0.00 |
|
Soybean hulls |
10 |
2,749 |
$53.60 |
$82.93 |
$215.47 |
$244.80 |
|
Sunflower hull |
4 |
1,440 |
$26.40 |
$26.40 |
$102.40 |
$116.27 |
|
Rice hulls |
3 |
1,520 |
$26.13 |
$0.00 |
$0.00 |
$0.00 |
