Iraq Buys 400,000 Tons of Wheat

Bloomberg reports that Iraq bought 400,000 metric tons of wheat from Russia, Australia and Canada.

The amounts were:

  • 150,000 tons from Canada;
  • 150,000 tons from Russia; and,
  • 100,000 tons from Australia,

Hassan Ismail Ibrahim, director general of the Grain Board, told Bloomberg by telephone. The deadline for the tender expired on 4th December.

Iraq plans to import 3 million tons of wheat next year, with tenders starting in January.

Iraq uses 4.5 million tons of wheat a year and the country’s wheat production for 2010-11 was 1.73 million tons.

(Source: Bloomberg)

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