Tag Archives | Wheat

The latest Wheat Iraq News – grain, agriculture, tons, tenders, water, Ibrahim & more – brought to you by Iraq Business News

Iraq Seeks Foreign Investment in Agriculture

Iraq is looking for foreign investment in its agriculture sector to help the country become self-sufficient in grain production by 2014, according to a report from Bloomberg. “We are offering incentives for farmers to speed up the process and we welcome foreign investors,” Agriculture Minister Ezzeddin al-Dawla [Izzuldin al-Doula] told reporters in Baghdad. Iraq wants […]

French Grain Lobby Targets Iraq

Reuters reports that France's grain export lobby has invited an Iraqi delegation to visit the country as it tries to break into what has become one of the world's major wheat import markets. The move followed the signing last year of a letter of intent between France Export Cereales and Iraq's grain board on establishing […]

Iraq to Import 400k Tons of Grain

Iraq has decided to import 400,000 tons of American and Australian wheat, according to a statement by the Director-General of the General Company for Grain Trade on Saturday. “Trade Minister Kheirullah Hassan has approved a deal to purchase 400,000 tons of wheat, 300,000 tons of it from America and 100,000 tons from Australia,” Muthanna Abdul-Jabbar […]

New Tenders for Grain and Rice

The Grain Board of Iraq (Ministry of Trade) has announced a tender for the supply of: 100,000 tonnes of wheat. The deadline for bids is 10:00 am Baghdad time on 5th March. 30,000 tonnes of rice. The deadline for bids is 10:00 am Baghdad time on 12th March. If the English version of the documents […]

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Iraq Buys Grain from Glencore and Dreyfus

Iraq has bought a total of 350,000 tonnes of wheat from Australia and the United States in its latest tender, a spokesman for the Iraqi Grain Board said this week. "With this quantity, we'll be able to meet the ration requirements for March, April and May," Amer Abdul-Aziz said. Iraq is one of the world's […]

Iraq Bought 300,000 Tonnes Wheat Last Week

Iraq bought 300,000 metric tons of wheat from Australia and the U.S. last week, Reuters reports, citing traders in the Middle East. Iraq purchased 250,000 tons of the grain grown in Australia and 50,000 tons of U.S. wheat, according to the report. The government issued another tender for 100,000 tons yesterday. Traders expected Iraq to […]

New Iraq Wheat Tenders Move the Market?

The Grain Board of Iraq (Ministry of Trade) has announced another tender on Monday for the supply of 100,000 tonnes of grain. Some experts cite this tender as a factor in the 1.6% jump in grain prices on Monday. Reuters quotes Brett Cooper, senior manager for markets at FCStone Australia, as saying: "Iraq has tendered […]

Rain Boosts Iraq's Grain Output

Iraq’s grain imports will decline after rainfall boosted crop production, the United Nations’ Food and Agriculture Organization said. Bloomberg, citing a report from the UN’s Global Information and Early Warning System, says imports will fall to 4.91 million metric tons in the year ending on June 30, down 6.1 percent from the prior 12 months. […]

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Iraq to Achieve 'Self-Sufficiency' in Wheat

Iraq is expected to achieve self-sufficiency in wheat production during the next two years thanks to the government’s large subsidy to farmers and encouragement to cultivate grains, a trade ministry official said on Sunday. “The targeted self-sufficiency can be achieved also due to an increase in prices of the amounts given to the trade ministry’s […]

Wheat Crisis - Iraq Not Concerned

The Russian drought and fires have caused the price of wheat to rocket, and this is expected to be reflected in the price of essentials such as bread and beer. Shortages are to be expected in the coming months. Iraq is one of the world's biggest importers of rice and wheat, but its Trade Ministry […]