Tag Archives | grain

Iran Signs Trilateral Wheat Trade Deal

Iran, Russia and Kazakhstan have concluded a tripartite agreement on trading wheat. Deputy agriculture ministers of Iran, Russia and Kazakhstan signed the trilateral memorandum of understanding at a ceremony in Moscow. The ceremony was attended by Iran’s ambassador to Russia, Mahdi Sanaei, as well as a top official from the Eurasian Economic Union (EAEU). Last […]

Indian Wheat Reaches Afghanistan via Iranian Port

Afghanistan has received an inaugural consignment of wheat from India through Iran’s strategic port of Chabahar, opening a new trade and transit route for the landlocked nation that bypasses neighboring Pakistan, a report said. The shipment of almost 15,000 tons of wheat dispatched from India’s western port of Kandla on October 29 reached the Iranian […]

Rouhani leads Iran’s Return to Wheat Exports

By Maysam Bizaer for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran is among the top wheat consumers in the world. Consumption per capita in the country is estimated at 167.6 kilograms (369 pounds) per year, almost three times the global average of some 67 kilograms […]

Russia Keen to Resume Grain Exports to Iran

Russia is interested in resuming exports of its grain to Iran, the press service of the Russian ministry of agriculture said in a statement. “Russian grain exporters are extremely interested in resuming exports to Iran. I hope the Iranian side will soon lift this ban or work out other solutions that would make it possible […]

Iran ‘Self-Sufficient’ in Wheat

By John Lee. Iran expects to be self-sufficient in wheat in the coming Iranian year, and has banned state imports of wheat. Deputy Agriculture Minister Abdol-Mahdi Bakhshandeh told Mizan Online news agency: “Strategic wheat stocks are in very good conditions and we have reserves for more than six months … “What is needed for human […]

Iran Approaches Self-Sufficiency in Wheat

The Head of Iran’s Government Trading Corporation (GTC) said the country’s wheat production in the next Iranian calendar year (March 2016-March 2017) will exceed 10 million tons. Ali Qanbari told the Tasnim News Agency: “We will have no wheat imports next year and given satisfactory precipitations in the month of fall, we can approach the […]

Grain Traders Eye Business in Iran

Food wasn’t subject to the sanctions imposed on Iraq, but according to a report from Bloomberg the rules created enough difficulty to keep many grain suppliers out. While the biggest traders, such as Bunge and Cargill kept operating in the country, the end of sanctions is a chance to expand operations. German firm BayWa sent […]