By John Lee. Iraq is understood to have purchased about 150,000 tonnes of wheat from Australia. According to a report from Reuters, a tender for a nominal 50,000 tonnes from either the United States, Australia or Canada closed on 18th December. More here. (Source: Reuters)
By John Lee. A new report from the US Department of Agriculture (USDA) says that continued drought and water shortages are affecting economic activity in Iraq, especially grain production. The Global Agricultural Information Network (GAIN) report from the USDA's Foreign Agricultural Service says agricultural cropping in irrigated areas is down by 50 percent compared to […]
By Robert Tollast and Mina Aldroubi, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's multibillion-dollar wheat import bill: how war in Ukraine affects the wider world The war in Ukraine, one of the world's major wheat producing regions, has […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Fertilizer price hikes affecting Kurdistan Region wheat production: farmers An increase in fertilizer prices has affected wheat production in the Kurdistan Region, farmers told Rudaw on Wednesday. This comes a month after the government […]
By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG) has opened a new wheat marketing center in Erbil, a year after announcing the project. In a statement on Twitter, Masrour Barzani said: "In less than a year, we are back to inaugurate the $250-million wheat marketing project in Erbil. A great new […]
The ninth cabinet of the Kurdistan Regional Government (KRG) started 27 multisectoral projects from March 2020 to June 2021, as it reaches the 2nd anniversary since its foundation. The KRG invested $332 million on housing projects, developed a $250 million wheat marketing project, distributed $2.56 billion worth of business licenses, and completed the MED Steel […]
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 […]
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 […]
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 […]
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 […]
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)
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)
