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Iraq |
Iraq buys 200,000 tonnes of US wheat |
2011-02-15 |
Iraq bought 200,000 tonnes of US wheat at between $477 to $478.50 a tonne c&f in its wheat purchase on Monday, European traders said on Tuesday. Iraq's state grain board said on Monday it had purchased a total 350,000 tonnes of wheat from the US and Australia in its latest tender which closed on February 12 but declined to give prices. Traders said the US wheat purchase with c&f per tonne comprised 100,000 tonnes at $477, 50,000 tonnes at $478 and 50,000 tonnes at $478.50. Traders said the Australian purchase with c&f per tonne comprised 100,000 tonnes at $472 and 50,000 tonnes at $480. The grain board said the purchase was needed for state ration requirements between March and May. OK, with unemployment through the roof over there, can't they find enough Mexicans to grow them some wheat? |
Posted by:gorb |