Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 INCO Terms
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Commodity Exchange
Search in news database
Iraq buys local wheat, barley through UN food plan
UNITED NATIONS ,Iraq is for the first time using money from the seven-year-old UN oil-for-food program to purchase locally grown wheat and barley, a UN official told the Security Council on Thursday.
Benon Sevan, executive director of the UN Iraq Program, said Iraq intended to buy locally 1.25 million tonnes of wheat - valued at $152.4 million - and 500,000 tonnes of barley valued at $35.4 million, according to his speaking notes obtained by Reuters.
The planned wheat purchase was a project of the World Food Program project while the barley purchase was a project of the Food and Agriculture Organisation, Sevan added.
The oil-for-food program was set up in 1996 and enabled Iraq under the Saddam Hussein government to sell oil and use the proceeds to buy food, medicine and other non-military goods.
It was created to ease the impact on ordinary Iraqis of UN sanctions - including a ban on oil sales - imposed on Baghdad following its 1990 invasion of neighbouring Kuwait.
But now that US-led forces have overthrown Saddam, Sevan is overseeing the dismantling of the oil-for-food program. Under pressure from the United States, the Security Council last month ordered the sanctions lifted and the oil-for-food program phased out over a six-month period.
The local purchases could be bad news for Australia, which dominates Iraq's grain import market, selling about 2 million tonnes of wheat to Iraq each year through the oil-for-food program.
MGR Archive 28.6.2003
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:

  © 2002 All rights reserved. - Legal Notice