U.S. Rice Makes Another Sale to Iraq

 
Outline of Iraq-encircled with-stars
Nov 06, 2024

BAGHDAD, IRAQ -- ADM Rice just finalized another sale of 44,000 metric tons of U.S. long grain rice to Iraq, with shipment expected in January 2025. This sale follows the one from August, helping to bring certainty and predictability back into this market.

“We are grateful to see another shipment to Iraq, as our farmers are finishing harvesting this year’s crop,” said Keith Glover, Chair of USA Rice. “We look forward to being able to supply the full 200,000 tons for this year’s MOU.”

The financial restrictions that were imposed on Iraqi banks at the beginning of the year remain, but viable solutions have been developed that enable the continued flow of U.S. rice to this top market.

Iraq is the second largest long grain, milled export market for U.S. rice. The Iraqi government provides regular allotments of food items to their citizens, aiming to provide nearly 2,500 calories/day; rice is an essential part of that food basket.