text: EU barley sale worth $ 145 / T , for Saudi - sources . PARIS 1996-08-29 A European Union sale of 234,324 tonnes of German intervention barley is worth some $ 145 per tonne fob Germany and is mostly destined for Saudi Arabia , European grain sources said on Thursday . The EU 's cereals management committee sold 234,324 tonnes of German intervention barley at a minimum price of 105.07 Ecus per tonne . Saudi Arabia provisionally bought 800,000 tonnes of optional-origin barley at an August 21 tender at prices between $ 160 and $ 162 including cost , insurance and freight , traders said last week . But European grain traders and officials said the Saudis might reduce the purchase to 600,000 tonnes . Traders have said a substantial part of the deal was likely to come from the European Union , which enjoys a supply and freight advantage over other producers . But subtracting freight costs , the equivalent fob price of the deal is around $ 142 , well below the $ 149 per tonne floor price which the EU put on its barley as news of the deal emerged last week . Last Thursday the EU sold 34,277 tonnes of German intervention barley at a minimum price of 109.36 Ecus per tonne , which was seen as worth $ 149 per tonne fob . -- Paris newsroom +331 4221 5432