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Iran seals first big wheat deal for 2014, buys about 400,000 tonnes
date:Feb 08, 2014
ocks in a reaction to weather problems in their region, one trader said.

There seems to be growing nervousness in Iran that a drought in Turkey may damage Turkish crops which could encourage Iranian farmers to smuggle wheat into Turkey.

The last big purchase GTC made was in December for around 250,000 tonnes of Mexican wheat for pasta making and 180,000 tonnes of bread making wheat from the Black Sea after making other sizeable purchases earlier in 2013.

While the payment process is still not

07/12 06:19