Markets

Iraq makes no purchase in talks for US wheat and rice

Published March 12, 2018 Updated March 12, 2018 02:21pm

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.

Copyright Reuters, 2018