Iran is expecting a surplus in wheat production this year and plans to release the grain in regional markets, said the top national body in charge of ensuring food security.
The Iranian government has already purchased more wheat
Egypt's general prosecutor said on Sunday that local wheat suppliers worked with government employees to falsely claim E£621 million ($69.93 million) worth of grain that does not exist.
Egypt has been embroiled in
Blumberg Grain is looking to sign a deal within the coming weeks with Algeria's state grain agency OAIC to build high-tech wheat silos that can store up to 1 million tonnes of the grain.
"We are looking to sign something
Qatar Flour Mills, the country's only wheat milling facility, said on Wednesday it would increase capacity in July to allow it to increase its exports to Saudi Arabia.
Its mill, which has a capacity of about 250,000 tonnes a y
Egypt has banned the trading of imported wheat inside the country, Supply Minister Khaled Hanafi said on Wednesday, a move which could reduce smuggling of the grain that cost the country hundreds of millions of dollars last year.
Egypt will allow wheat imports with trace levels of the common ergot fungus, the country's agriculture minister said, while government agencies try to resolve a dispute that has disrupted shipments to the world's biggest wheat buyer.
Iran expects to buy 9 million tonnes of wheat from domestic farmers in the next harvest year beginning on March 20, Deputy Agriculture Minister Abdol-Mahdi Bakhshandeh was quoted as saying.
"Strategic wheat stocks are in very
Iran’s wheat production to exceed 10 million tonnes by March 20, 2017, according to a head of Iran's Government Trading Company (GTC).
“We will not have to import wheat next year and given the satisfactory rainfall
Egypt will start buying local wheat from farmers at the average global price starting next season changing the way it subsidises its wheat growers, the cabinet said in a statement on Thursday.
In previous years Egypt annually fixe
Iran, the second-largest consumer of wheat in the Middle East region, plans to export 400,000 metric tonnes of the grain after domestic supplies expanded enough to meet local demand.
Iran purchased 8.08 million tonnes of wheat fro