Markets

Iraq plans to issue tender for wheat on Sunday

Published November 15, 2018 Updated November 15, 2018 08:45pm

Traders said they had been told a tender would be issued but that no announcement had yet been made.

The tender was likely to close on Nov. 26 with offers remaining valid up to Dec. 2, traders said.

The wheat is expected to be sought optionally from the United States, Canada or Australia. Russian wheat was expected to be excluded again despite Iraq saying this week it may include Russian wheat as a possible origin in future tenders.

Copyright Reuters, 2018