Tag Archives | food imports

Iraq buys Grain from US, considers Russia

By John Lee. Iraqi trade minister Mohammed Hashim has reportedly signed a deal on Thursday to import wheat and rice from the United States. According to Reuters, the agreement covers the first half of 2019. Meanwhile, Kurdistan 24 reports that a Russian delegation visited Baghdad this week to discuss exporting wheat to Iraq. (Sources: Reuters, […]

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Former Trade Minister sentenced for Corruption

By John Lee. A former Minister for Trade and two former State Directors of the Ministry have been sentenced in absentia to seven years in prison for corruption. A statement from Iraq’s Commission of Integrity said the three committed offenses in two contracts between the State Company for Trading Grain and a company supplying basmati […]

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Iraq Considers Importing Wheat from Russia

By John Lee. Iraq reportedly wants to allow Russian-origin wheat to be bought in its state tenders to supply the country’s massive food rationing programme. According to Reuters, the Trade Ministry will send a delegation to Russia before the end of the year to study the suitability of its wheat for Iraq’s needs. Iraq needs between […]

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Iraq to buy 90,000 tons of US Rice

By John Lee. Iraq has agreed to buy 90,000 metric tons of rice from the United States. US Congressman Ralph Abraham, M.D., R-Alto, a member of the House Agriculture Committee, said in a statement: “Iraq is buying three times more rice than we requested in our letter, so I’m thrilled that this resulted in such […]

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Iraq to Increase Wheat Imports

By John Lee. Iraq is expected to significantly increase its imports of wheat, as it reportedly cuts the irrigated area it plants with wheat by half in the 2018-2019 growing season due to the continuing water shortages. Deputy Agriculture Minister Mahdi al-Qaisi told Reuters: “The shortage of water resources, climate change and drought are the […]

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Etihad Food Industries wins Govt Contract

By John Lee. Iraq’s Etihad Food Industries will reportedly provide Iraq’s Ministry of Trade with 200,000 tonnes of sugar and 90,000 tonnes of vegetable oil. According to Reuters, the Ministry has also bought rice from Vietnam and wheat from Australia. (Source: Reuters)

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Iraq needs to Import 2m Tonnes of Wheat

By John Lee. Despite this year’s drought, Iraq has reportedly bought more than 300,000 tonnes of domestic wheat this season, and maintained its estimate of 2.5 million tonnes of local purchases for the 2018 season. According to Reuters, this implies an import gap of 2 million tonnes, as the country uses between 4.5 million and […]

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Saudi Food Company to enter Iraqi Market

By John Lee. Saudi Arabian food producer Goody has signed an agreement to become the first Saudi food firm to supply the Iraqi market in nearly 30 years. The Jeddah-based company plans to supply pasta, dates, chilled coffee, burgers, tuna and canned fruits to Iraq. It is part of the Basamh Trading and Industries Group. […]

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Iraq buys Wheat from US and Australia

By John Lee. Iraq’s state grains board has reportedly bought about 100,000 tonnes of hard wheat in a tender which closed last week. 50,000 tonnes is to be sourced from the United States at $332.17 a tonne c&f free out, with 50,000 tonnes from Australia at $309.95 a tonne c&f free out. (Source: UkrAgroConsult)

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Iran to process Russian Wheat for Iraqi Flour Market

By John Lee. Iran is said to be negotiating a deal to import around 100,000 tonnes of wheat per month from Russia, enabling private millers it to increase flour exports to Iraq. Iraq imports about 3 million tons of flour a year, almost half of its demand of 6.9 million tons a year. According to […]

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Iraq buys U.S. Wheat

By John Lee. Iraq has reportedly bought U.S. hard red winter wheat in a direct deal outside the tender process. Sources told Reuters that the product will be supplied by Cargill (300,000 tonnes) and ADM (Archer Daniels Midland) (150,000 tonnes). Separtely, private exporters reported to the U.S. Department of Agriculture export sales of 100,000 metric […]

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Iraqi Farmers fight against Imported Goods, Corruption

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  The Tureibil crossing, or more commonly known as the Karameh border crossing, between Jordan and Iraq reopened in early September in tandem with the opening of another border […]

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