iraq Archives - Grainews

Internally displaced Ethiopians queue to receive food aid in the Higlo camp for people displaced by drought, at the town of Gode in Ethiopia’s Somali region on April 26, 2022. (Photo: Reuters/Tiksa Negeri)

Acute food insecurity now touching 345 million worldwide

By GFM Network News August 24, 2022

Baghdad | Reuters — The number of people facing acute food insecurity worldwide has more than doubled to 345 million since 2019 due to the COVID-19 pandemic, conflict and climate change, the World Food Programme (WFP) said on Wednesday. Before the coronavirus crisis, 135 million suffered from acute hunger worldwide, Corinne Fleischer, the WFP’s regional […] Read more

Bread is baked at Erbil in northern Iraq in March 2003. (Photo courtesy United Nations Oil-for-Food Program, www.un.org/Depts/oip/)

Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Iraq to create strategic wheat reserve

By Reuters, GFM Network News March 8, 2022

Reuters — Iraq will allocate US$100 million to urgently purchase wheat and create a strategic reserve by importing three million tons of the grain, the commerce minister said in a statement on Monday. “The ministry has a plan to achieve food security for citizens and to address the global rise in food prices due to […] Read more

CBOT March 2022 soybeans (candlesticks) with 20-day moving average (green line) and ICE March 2022 canola (yellow line, left column). (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soy, corn sag on South American weather outlooks

Wheat firms

By Julie Ingwersen, GFM Network News January 10, 2022

Chicago | Reuters — U.S. soybean and corn futures fell on Monday on forecasts calling for much-needed rains in dry areas of South America, along with long liquidation ahead of several key U.S. government reports due at mid-week, analysts said. Wheat futures firmed on short-covering and the unwinding of inter-market spreads. Chicago Board of Trade […] Read more

CME February 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Hogs limit down on profit-taking, Middle East tensions

By GFM Network News January 3, 2020

Chicago | Reuters — U.S. hog futures tumbled by the daily trading limit to a three-week low on Friday as rising geopolitical tensions in the Middle East triggered profit-taking, analysts said. Losses hit markets after a U.S. air strike in Iraq killed Iran’s most prominent military commander, rattling traders of products from agricultural futures to […] Read more

Iraqi men carry a coffin of a demonstrator, who was killed during anti-government protests, to bury at the cemetery in Najaf, Iraq on Oct. 7, 2019. (Photo: Reuters/Alaa al-Marjani)

Crops, Reuters, Spring Wheat

Iraq replaces state grain agency’s chief

By Reuters, GFM Network News October 8, 2019

Baghdad/Dubai | Reuters — Iraq, a major Middle East wheat and rice importer, has replaced the head of its state grain buying agency, government sources and a document showed on Tuesday. Naeem al-Maksousi was replaced by Hassanein Mahdi Elwan, a document reviewed by Reuters showed. The reason for the replacement, which comes after a week […] Read more

Crops, Reuters

G3 co-owner SALIC looking at Iraq farmland

By GFM Network News February 15, 2018

Dubai | Reuters –– The Saudi Agricultural and Livestock Investment Company (SALIC) is looking at more farmland investment opportunities and has its neighbour Iraq on the list. SALIC, an arm of the country’s Public Investment Fund (PIF), said it was also looking to expand its investments in the Black Sea region, which already includes almost […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat falls to contract lows on technical selling

By GFM Network News October 31, 2017

Chicago | Reuters –– U.S. wheat futures fell to contract lows on Tuesday as technical selling pressure dragged prices lower for a fifth straight session. Chart-based selling accelerated as prices slipped below the prior day’s two-month low, more than offsetting supportive news of a large export sale to Iraq and a government report showing the […] Read more

Crops, Markets, Reuters, Spring Wheat

Ex-Iraq grain board chief to be investigated in graft case

By Reuters, GFM Network News February 15, 2016

CORRECTED, Feb. 20, 2016 — Baghdad | Reuters — Iraq’s acting trade minister has referred former grain board chief Saad al-Hamdani and 16 unnamed individuals for investigation over suspected transportation of illegal wheat shipments, a ministry statement said Monday. The grain board is responsible for purchasing billions of dollars worth of commodities internationally and from […] Read more

Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Iraq recaptures some grain silos seized by Islamic State

By GFM Network News June 10, 2015

London | Reuters — Iraq has re-taken control of some grain silos previously seized by Islamic State, but most of the grain held cannot be used as militants aim to destroy sites when retreating, a senior grain official said Tuesday. Islamic State, the breakaway al Qaeda group, which declared an Islamic caliphate across parts of […] Read more

Crops, Reuters, Weather

Fighters target vital water facilities across Middle East

By GFM Network News March 25, 2015

Geneva | Reuters –– Fighters are increasingly targetting water and sanitation facilities across the Middle East, exacerbating severe shortages for agriculture and households, the International Committee of the Red Cross (ICRC) said on Wednesday. Consumption of water in the volatile region with rising populations was already at unsustainable levels in many areas hit by record-low […] Read more

China soybean imports hit record June high on strong Brazil shipments

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

GFM Network News