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
Invest in the Best: What Attracts Investors in Agri Today
Lack of active demand and significant surpluses limit the potential for recovery i...
Canadian malting barley returns to the Colombian market
Uruguay to increase soybean production in 2026/27 season
Declining wheat stock quotes again put pressure on prices in Ukraine
Write to us
Our manager will contact you soon