Archive | Agriculture

Iraq Business News brings you the latest news on developments and opportunities in Iraq agriculture.

Record Wheat Crop, but Imports Still Needed

By John Schnittker, Chief Economist at Schnittker Associates, and former Ministry Advisor at the US Embassy in Baghdad. Iraq’s first tender to purchase wheat on the international market since mid-May 2013 reflects that despite a record wheat crop Iraq remains a major importer of wheat and flour products. Iraq’s 2013 wheat crop of nearly 4.0 […]

Wheat Falls As Iraq Shuns US Grain

According to Bloomberg, wheat fell the most in three weeks after Iraq and Egypt shunned U.S. grain in tenders yesterday, indicating ample global supplies. Egypt, the world’s largest wheat importer, bought 60,000 metric tons from both Romania and Ukraine on Aug. 6, while Iraq purchased 150,000 tons of Australian and Canadian grain. “Wheat’s lower because we missed out on […]

MP Demands MoT Distribute Extra Rice

MP, Aziz al-Mayahi, of the Economy and Investment Parliamentary Committee is demanding that the Ministry of Trade accelerate distribution of the second portion of rice scheduled for the Holy month of Ramadan. ''The Minister of Trade Khairallah Hassan Babekir promised to distribute an extra portion of rice for people during Ramadan, while the first rice […]

Ukraine Targets Iraqi Market

By John Lee. Ukraine's Minister of Economic Development and Trade, Ihor Prasolov (pictured), has told his Iraqi counterpart Khairallah Hassan Babeker [Khayri-allah Babakir, Dr Khairallah Hassan Babiker] that Ukraine is interested in increasing exports of metallurgical products to Iraq. At their meeting they also discussed the further engagement of Ukrainian machine-building companies in Iraqi projects, […]

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Khanaqin Mystery: Who is Torching Orchards?

By Kawa Sheikh Abdullah. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. There have been about 140 fires in Khanaqin’s famous orchards recently. Environmental activists say the city is at fault. The city blames the orchard owners, […]

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Basra’s Miracle Flower Show

By Waheed Ghanim. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Basra’s Miracle Flower Show: Growing Petunias without Water In temperatures of over 50 degrees C, in a place where there is either no water or it’s […]

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New Electronic Food Voucher System

In a technical workshop held this week, the Government of Iraq and the UN World Food Programme (WFP) will discuss the potential introduction of electronic food vouchers in the Iraqi Public Distribution System (PDS). They will be joined by financial payments experts from MasterCard, the leading global technology and payments company, which, under a global […]

6 Million Iraqis Vulnerable to Food Insecurity

On World Environment Day, the United Nations is highlighting the importance of sustainable environmental management to ensure food security. Nearly 6 million Iraqis face food deprivation and vulnerability. “The global theme for this year’s World Environment Day focuses on minimizing food waste,” said Deputy Special Representative of the United Nations Secretary-General (DSRSG) for Iraq and […]

Iraq Buys 250,000t of Wheat from Russia

The Iraqi Grain Board has reportedly bought 250,000 tons of wheat from Russia. Aswat Al Iraq says the purchase was made following a bid to buy 500,000 tons of wheat, which was closed last week. According to Russia Today News Agency, the shipments will be made between 1st and 31st July, 2013, and delivered in […]

Iraq to Buy 150,000t of Thai rice

By John Lee. Iraq has bought 150,000 tonnes of rice from Thailand in a nominal tender for at least 30,000 tonnes, a source at the trade ministry has told Reuters. The rice is to be purchased from two sources: Olam International is to supply 120,000 tonnes; and, Ameropa is to supply the remaining 30,000 tonnes. […]