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 eyes prices amid plans for U.S. wheat purchase
KANSAS CITY, Sept 26 (Reuters) - High prices for American wheat are a concern for Iraq as it seeks fresh supplies for the country's bread-making and other needs, but the war-torn country is eager to begin buying U.S. wheat again after a lengthy hiatus, an Iraqi trade official said on Tuesday.

"We will be buying American wheat ... but maybe not now. American wheat is good and tasty, but it is also expensive," said Abdul Hadi k. Al-Hamiri, an Iraq Ministry of Trade official and one of a group of trade officials who on Tuesday were visiting the Kansas City Board of Trade, the world's largest futures market for hard red winter wheat.

There has been widespread market speculation over the last week that Iraq was poised to buy possibly one million tonnes, or more, of wheat.

But the Iraqi trade delegation, who have been crisscrossing the United States over the last week meeting with grain suppliers and U.S. trade officials, said any formal announcement would have to wait until after a meeting in Iraq in October, and they stressed high prices were an issue.

Ferial Jawad, head of the grain import department of the Iraqi Grain Board and another member of the delegation visiting Kansas City, told Reuters that Iraq planned to buy at least enough for one month's consumption needs, about 300,000 tonnes, with 90 percent of the amount coming from the United States and the rest from Australia.

Jawad said American supplier Archer Daniels Midland Co. (ADM.N: Quote, Profile, Research) was able to offer attractive pricing
MGR Archive 27.9.2006
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