Iraq to store wheat supplies to secure against economic crisis
Iraq’s Ministry of Trade said on Saturday (May 7) the ministry will store three million tons of wheat to protect the country from economic crisis.
The ministry said because of the decline in wheat production in Iraq, a great deal of wheat has been imported from Germany and Australia.
It also said that the decision to store wheat will save the country in case of a global economic crisis.
The ministry assured the public there is enough wheat and 300,000 tons have been received from Iraqi farmers so far in 2022.
Read also
Milk powder and butter prices continue to rise in the EU
Indonesia’s palm oil exports could fall to lowest level since 2016 in 2027
Rain delays grain harvest in northern Scotland and raises crop loss risks
EUDR может существенно повысить затраты европейского животноводства из-за удорожан...
Ukraine ships first sunflower seed vessel to Turkey this season
Write to us
Our manager will contact you soon