By Hassan Hafidh
The Iraqi Grain Board, a state utility, has bought a total of
250,000 metric tons of wheat of Australian, Russian and Canadian
origins, a senior board official said Sunday.
Iraq bought from Glencore International PLC (GLEN.LN) some
100,000 metric tons of Australian wheat. Glencore will also supply
50,000 metric tons of Russian wheat, he said.
Olam International Ltd. (O32.SG) will supply another 50,000
metric tons of Russian wheat, while Viterra Inc. (VT.T) will supply
some 50,000 metric tons of Canadian wheat, the senior official
said.
He declined to give prices.
The official said the state-run Iraqi grain board has so far
also received some 1.250 million metric tons of wheat from local
farmers.
Iraq consumes between 3.5 million and 4.0 million tons of wheat
a year.
Write to Hassan Hafidh at hassan.hafidh@dowjones.com.