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 Confirms Tender To Buy Opt-Origin Hard Wheat
Iraq issued a tender to buy 100,000-150,000 metric tons of optional-origin hard wheat for delivery in March and April, a senior official with the Grain Board of Iraq said Monday.

This confirms tender reports passed through the U.S. trade last week.

"We usually buy much more wheat than the amount we mention in our tenders," the official told Dow Jones Newswires.

The official, however, didn't say how much the board is planning to buy.

He said the tender is targeting all suppliers of hard wheat in the world and it is not for a specific supplier. The closing date of the tender is Jan. 28.

He said the board would study offers based on free on board or cost insurance freight basis.

Over the last few months, Iraq has bought large amounts of hard wheat on an FOB basis, a change from its traditional system based on CIF.

Trade Ministry statistics show Iraq needs to buy around 3 million tons of wheat and 1 million tons of rice every year.

The U.S. Department of Agriculture forecasts that Iraq will buy 3.8 million tons of wheat in 2005-06, up from 3.0 million tons the previous season.

U.S. has stepped up wheat sales to Iraq this season, taking market share from Australia, who had been the dominant supplier to Iraq in the previous 15 years.

Since June Iraq has purchased 2.1 million tons of U.S. hard red winter wheat of which 906,000 tons remains left to be shipped, according to current USDA figures.

In recent year's Australia's bulk wheat exporting monopoly, the AWB Ltd. (AWB.AU), sold wheat to Iraq through the U.N's oil-for-food program. The AWB is currently under investigation over possible corruption and kickbacks involving the U.N.'s program
MGR Archive 24.1.2006
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