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 […]
By John Lee. The New York Times has reported that French President Francois Hollande has endorsed the appointment of Haider al-Abadi as Iraq's new PM, and with Baghdad's approval France is now ready to send arms to Kurdish forces. The move comes after the Kurdish President Massoud Barzani remarked that the Peshmerga were not sufficiently […]
By John Schnittker, Chief Economist at Schnittker Associates, and former Ministry Advisor at the US Embassy in Baghdad. With much of Iraq’s wheat production coming from Northern Iraq and nearly all of Iraq’s water resources flowing through areas under ISIS control, Iraq’s food security may be facing a severe threat. Iraq has about two thirds of […]
By John Lee. Iraq has purchased 120,000 tons of rice from the United States, Uruguay and Vietnam, according to Business Recorder. At the closing of the Iraq State Grain Board tender, 30,000 tons of the rice had been acquired from the US, 30,000 tons had come from Vietnam and a further 60,000 tons came from Uruguay, […]
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 […]
By John Schnittker, Chief Economist at Schnittker Associates, and former Ministry Advisor at the US Embassy in Baghdad. Iraq’s 2013 winter grain prospects appear to be good to excellent condition at this time. Late fall and early winter rains as well as irrigation supplies have been adequate to support increased plantings and good early growth […]
By Layth Mahdi, Agricultural Advisor. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On-farm demonstration trials are used to teach farmers to improve their agricultural practices and increase yield. It serves as one of the most valuable extension education program to help farmers to […]
The Director General of Iraq's Grain Board expects wheat production to fall by 16 percent to 1.5 million metric tons this year because of drought, forcing the country to boost imports to 3 million tons. “Unfortunately, there is a drought this year in the northern provinces,” Ibrahim told Bloomberg. “Last year production was around 1.78 million […]
Iraq's Ministry of Agriculture will cultivate six million doumns [1.5 million hectares] of land to produce 48 percent of the country's wheat demand, according to AKnews. This is the equivalent of 2.2 million tons of wheat, said general director of investment projects at the ministry Sabah Dar'e. Iraq requires more than four million tons of […]
By Layth Mahdi, Agricultural Advisor. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi people are like a camel eating grass and carrying gold! Despite the huge oil budget (more than $100 billion/year), poverty and unemployment are the major issues facing the Government of […]
Iraq plans to increase domestic wheat production by about 74 percent to 3 million metric tons by 2015, according to Saleh Hussein Jabur [Jabr], director general of state- owned Mesopotamia Seed Company. Bloomberg reports that the government intends to triple the annual quantity of wheat seed that it buys from local farmers to 180,000 tons […]
Food stocks in the governorate of Sulaimaniya are now less than two weeks according to Sirwan Mohammed, the head of Sulaimaniya Chamber of Commerce. He told AKnews that since last year his office has been demanding the government allocate land plots to the Chamber so that it can construct new storage units. He added that […]
