From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG begins buying wheat from farmers for the first time The Kurdistan Regional Government (KRG) began buying wheat from farmers on Tuesday for the first time, following the completion of the newly constructed multimillion-dollar […]
Tag Archives | grain
New Wheat Marketing Project in Slemani
Prime Minister Masrour Barzani has laid the foundational stone for the Kurdistan Regional Government's Wheat Marketing Project in Slemani (Sulaymaniya). The $122 million project will be implemented by Qaiwan Group, in accordance with international standards, and finalized by 2025. At the inaugural ceremony, the Prime Minister described the agriculture project as a strategic investment to […]
KRG Invests in Major Wheat Industry Project
As part of its efforts to transform the Kurdistan Region into a competitive producer, the Kurdistan Regional Government has invested in strategic projects to strengthen and expand the region's agricultural sector and food industry. One of these landmark projects is the Wheat Marketing Project, which Prime Minister Masrour Barzani launched on Nov. 1, 2020 as […]
US Senators push for US-Specific Rice Tender with Iraq
U.S. Senator John Boozman (R-AR), Ranking Member of the Senate Committee on Agriculture, Nutrition, and Forestry, and senators from rice producing states are encouraging American and Iraqi officials to take steps to increase U.S. rice exports to Iraq. In separate letters to U.S. Secretary of State Antony Blinken and Dr. Fareed Yasseen, Iraq's Ambassador to […]
Iraq to Export Barley for the First Time
By John Lee. Iraq's Ministry of Agriculture has reportedly announced that it will export barley for the first time. A ministry spokesman told Shafaaq News Agency that 700,000 tons of barley will be auctioned next week, with ten countries expressing an interest in bidding. (Source: Shafaaq)
Thailand to Sell Rice to Iraq
By John Lee. Thailand has reportedly signed a deal to sell rice to Iraq. According to Financial Post, the move comes nearly 10 years after losing Iraqi contracts over quality concerns. (Source: Financial Post)
Cabinet allocates Funds to Prison Building, Water Project
By Editor on 2nd August 2019 in Agriculture, Construction & Engineering In Iraq, Iraq Public Works News, Politics, Security
The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mr. Adil Abd Al-Mahdi. It: voted to adopt the recommendation of the Ministerial Council on Energy on the Charter of Cooperation of Oil-Producing Countries which aims to promote stability in the global oil market; approved the allocation of […]
Tags: Cabinet, featured, grain, Kirkuk, Kirkuk Unified Water Project, mn, Trade Bank of Iraq (TBI), Water
TBI to lend $843m to Grain Board of Iraq
By John Lee. The Trade Bank of Iraq (TBI) has announced a loan of 1 trillion Iraqi dinars ($843 million) to the state-run Grain Board of Iraq, which is affiliated to the Iraqi Ministry of Commerce. According to a press release, the loan is an effort to help Iraqi farmers for clear their dues and […]
Decision on Russian Wheat Imports "Months Away"
By John Lee. Iraq is reportedly still holding discussions over the possible import of wheat from Russia. Deputy trade minister Haitham Jameel Ismail al-Khshali told Reuters that a group of experts is looking into the issue, but it could be months before they reach a decision. (Source: Reuters)
Who is really behind the Torching of Iraqi Grain Fields?
By Dana Taib Menmy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Thousands of dunams of wheat and barley crops were torched this month in Kirkuk, Ninevah, Salahuddin and Diyala provinces, adding agony to the harsh lives of Iraqi farmers and raising the question […]
Wheat Production to rise sharply
By John Lee. Local wheat production in Iraq could reach almost 3 million tonnes in the 2018-2019 season, up from 2.17 million tonnes in the previous year, according to Reuters. While the total area of wheat planted using irrigation has fallen from one million hectares in the 2017-2018 season to 550,000 hectares this season, better […]
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, […]