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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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    Iraq buys 100 thousand tons of American and Australian wheat

    Rocky
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    Iraq buys 100 thousand tons of American and Australian wheat Empty Iraq buys 100 thousand tons of American and Australian wheat

    Post by Rocky Mon 26 Mar 2018, 2:29 am

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    2018/03/26 10 o'clock


    (Encyclopedia of this day , news | [You must be registered and logged in to see this link.] ) -
    Economy News _ Baghdad


    European traders said on Monday that the Iraqi Grain Trade Company bought about 100 thousand tons of hard wheat in a tender closed last week, according to "Reuters."


    About 50,000 tons of the United States and 50,000 tons of Australia come from the United States.


    The price of US wheat was estimated at 332.17 dollars per ton, including freight costs without unloading and Australian $ 309.95 per ton.


    The tender was for the purchase of wheat from the United States, Canada or Australia.


    There were no reports of Canadian wheat offerings. 

    Four grain trading companies participated in the tender, a modest number compared to previous years.



    The Iraqi Ministry of Trade faced difficulties in importing grain over the past year after it began to work on new terms of payment and quality commended traders for its global bidding.


    The quantities in Iraqi tenders are nominal and often the country buys more than stipulated in the tender. 

    Iraq was requesting 50,000 tons in the final tender.



    Iraq is expected to need wheat imports in the coming months despite improved domestic yields, the new director of the Iraqi Grain Trade Company said on March 13.


    He explained that the Ministry of Commerce will continue to continue in the recent period of the combination of international tenders and direct deals for the purchase of wheat.






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