Iraq resumes purchases of U.S. rice

Published 2024년 8월 6일

Tridge summary

Iraq has resumed purchasing rice from the United States, marking a significant development after months of financial restrictions. A vessel of U.S. rice has been sold and is set to be delivered to Iraq in the fall. This sale is welcomed by the U.S. rice industry, especially in Arkansas, where it comes at a beneficial time with the harvest in full swing. The resumption of purchases follows efforts by Senators John Boozman, Bill Cassidy, Cindy Hyde-Smith, and other officials to restore the market. Iraq was the fourth largest export market for U.S. rice in 2023, particularly for long grain milled rice.

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Original content

BAGHDAD, IRAQ – After months of uncertainty following U.S. government-imposed financial restrictions, Iraq again is purchasing rice from the United States. Over the weekend, ADM Rice sold a vessel of U.S. rice which will be loaded and sail to Iraq early this fall. “This news couldn’t have come at a better time, as harvest gets into full-swing in the mid-South, a sale of U.S. rice to Iraq is welcomed all around,” said Keith Glover, Arkansas rice miller and freshly minted chair of USA Rice. “We want to thank all those that assisted in restoring this market for us, including many in Congress who took an interest in finding a solution.” News of this sale comes after Senators John Boozman (R-AR), Bill Cassidy (R-LA) and Cindy Hyde-Smith (R-MS) met with Iraq’s Ambassador to the United States Nazar Al Khirullah last week to inquire about progress with the resumption of U.S. rice purchases for Iraq’s food basket items. The Senators and eight other Members of Congress sent a letter ...

Source: USA Rice Daily