Iraq Bought 300,000 Tonnes Wheat Last Week

Iraq bought 300,000 metric tons of wheat from Australia and the U.S. last week, Reuters reports, citing traders in the Middle East.

Iraq purchased 250,000 tons of the grain grown in Australia and 50,000 tons of U.S. wheat, according to the report.

The government issued another tender for 100,000 tons yesterday.

Traders expected Iraq to buy at least 500,000 tons to cover shortages of the grain, the news service said.

(Sources: Reuters, Bloomberg)

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