Wednesday, October 10, 2007
U.S. lands Iraq 700,000 ton wheat deal
(ABC News) - The United States has cemented its position as Iraq's biggest wheat supplier, after locking in an export deal for 700,000 tonnes. Australia used to dominate the Iraq trade, but has struggled to sell any wheat there since the Oil-for-Food scandal involving AWB. Grain trader Brett Stevenson says it will be hard for Australia to regain any of the market."We would have every right to put our hand up as a government level and say we want to participate, the only problem with that is, is that the organisation that cause a major disfunction over there is still operating and still has a single desk over the 2007 crop," he says."And we're still entertaining a single desk for ongoing crops, and I just think while that's the case we're going to struggle."
Labels: Australia, Brett Stevenson, Iraq, U.S., wheat
Tuesday, May 15, 2007
Iraq to import thousands of tons of wheat
Commerce
(Iraq Directory) - A high ranking source at the Iraqi Trade Ministry said on Thursday that Iraq has received 50 thousand tons of American wheat and 29 thousand tons out of 150 thousand tons of Thai rice contracted on before. The source said that Iraq is also expecting to obtain another 150 thousand tons of American and Canadian wheat later in May and that 32 thousand tons of Thai rice on its way to Iraq and will arrive soon. The source declined to reveal price details.
He said: "The ships are on their way and we bought larger quantities, but we can not reveal them till the ships transporting them move; however, everyone knows that we need about 340 thousand tons of wheat per month". The source mentioned that Iraq had bought 1 million tons of American wheat and 400 thousand tons of Canadian wheat between January and March. He added, "We always say in our presentations that we will deal with all companies, but so far the best offers we have received were from the Americans and Canadians". He added that Iraq is still hoping to buy Australian wheat.
Labels: America, Canada, Iraq, Iraq Trade Ministry, Thailand, wheat
