Iraq Buys 400,000 Tons of Wheat
December 29th, 2011 |
Bloomberg reports that Iraq bought 400,000 metric tons of wheat from Russia, Australia and Canada.
The amounts were:
- 150,000 tons from Canada;
- 150,000 tons from Russia; and,
- 100,000 tons from Australia,
Hassan Ismail Ibrahim, director general of the Grain Board, told Bloomberg by telephone. The deadline for the tender expired on 4th December.
Iraq plans to import 3 million tons of wheat next year, with tenders starting in January.
Iraq uses 4.5 million tons of wheat a year and the country’s wheat production for 2010-11 was 1.73 million tons.
(Source: Bloomberg)
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