Tag Archives | Grain Board of Iraq

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 […]

Iraq buys 50,000 Tonnes Australian Wheat

By John Lee. Iraq reportedly bought 50,000 tonnes wheat from Australia on Sunday at $312.50 a tonne c&f free out. The tender, which  closed on 31st July, was open to wheat from the United States, Canada or Australia. According to Reuters‘ sources. wheat from the United States was offered lowest at $299.19 a tonne c&f […]

Iraq Makes First Purchase of US Rice under MoU

Iraq has reporteldy made its first-ever purchase of US rice under the US–Iraq Memorandum of Understanding (MOU). According to the USA Rice Federation, this sale will help American rice exporters gain a foothold in the Iraqi market, and help prospects for new sales in the future. Iraq’s precedent-setting purchase of 30,000 MT of US long […]

Grain Board Boss Sacked in Corruption Probe

By John Lee. Iraq’s acting trade minister, Mohammed Shia al-Sudani, has reportedly sacked the head of the powerful Grain Board of Iraq and six other officials over allegations of corruption. Reuters quotes ministry sources as saying that the move was part of a comprehensive operation intended to “cleanse the ministry of officials who have any hint […]

Russian Wheat Cheapest in latest Tender

By John Lee. European traders said on Monday that Russian wheat was offered lowest at $231.00 a tonne c&f free out in the tender from Iraq’s state grains board to buy at least 50,000 tonnes of hard wheat for shipment between 15th August and 13th September and delivery between 14th September and 28th October. According to […]

Iraq’s Ambitious Wheat Target

By John Lee. The general manager of the Grain Board of Iraq, Saad al Hamdinee, has reportedly told a conference in London that Iraq is expected to produce 3.5 million tonnes of wheat this year. According to a report from Reuters, he said this was in accordance to our plans put in place over the […]

Iraq Delays Decision on Wheat Tender

By John Lee. The Iraqi Grain Board (IGB) has delayed until Sunday a decision on whether to buy at least 50,000 tonnes of hard wheat in an international tender. Reuters quotes traders as saying that no purchase had yet been made, with Australian wheat offered at the lowest price of $279.70 a tonne c&f free […]

Iraq Buys 200,000 Tonnes of Wheat

By John Lee. The Iraqi Grain Board has bought 200,000 tonnes of hard wheat from Canada, the United States and Australia, Reuters reported on Monday: 100,000 tonnes of Canadian wheat, from trading house Richardson at $331.65 a tonne c&f free out (ciffo); 50,000 tonnes of US wheat, from trading house Archer Daniels Midland (ADM) at $333.87 […]