199 - 07/01 - Wheat Discharge Problems - Iraq

At the present time several Club Members are involved in alleged quality problems involving wheat in Iraq. In one case a full cargo of Australian wheat has been rejected due to alleged contamination with urea (the previous cargo). Bearing in mind the stringent quality requirements of the Australian Wheat Board such contamination is considered suspect. Another Member has a similar problem with Indian wheat where contamination is the alleged problem. This cargo was rejected but has now been sold on to other buyers outside Iraq.

We understand the silos in Iraq are currently full, the country having in the region of nine months reserve.

Members should be aware that serious problems/delays should be anticipated with wheat cargo discharges in Iraq for the present time.

Source of Information : Kit Chan (L2)

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Thomas Miller & Co Ltd

Date23/03/2009

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