Iraq makes no purchase in talks for US wheat and rice

DUBAI/HAMBURG: Iraq's Trade Ministry has failed to seal a deal for at least 30,000 tonnes of US-origin long grain rice and 50,000 tonnes of US wheat, trade sources said on Monday.

Iraq had been in talks to buy US origin grains which are outside of the traditional international tender purchasing system.

ADM had made offers for 30,000 tonnes of rice at $759 a tonne cost, insurance and freight and 50,000 tonnes of wheat at $348.59 a tonne CIF.