BMI View: We have made minor forecast adjustments in the latest Q1 2018 agribusiness update for Saudi Arabia. We retain the view that the market continues to perform in line with our forecasts as the phase-out of domestic grains production to save water will boost grain imports. Rising levels of grain imports will continue to feed growing domestic demand. The government is keen to ramp up poultry production and is encouraging investments in the livestock sector along with securing further imports from a growing number of destinations. The livestock market will track upwards at a steady pace over the medium-term.