Michael Hogan

After years of difficulty caused by economic sanctions, suppliers are hoping a nuclear deal will make it easier to win lucrative contracts to sell wheat, sugar and other food to Iran. Iran was never barred from buying food, but EU and U.S. financial measures have made trade more difficult for the past two years by […] Read more

After months out of international grain markets and payment hurdles, Iran is now seeking at least 300,000 tonnes of milling wheat to help satisfy major import needs due to a poor domestic harvest, traders said Monday. Iran has to import 7.5 million tonnes of wheat this year, President Hassan Rouhani said in September, in what […] Read more

Deliveries of wheat are starting to reach Syria’s ports as its bank accounts abroad are gradually being freed from sanctions, with grain traders detecting a greater willingness from European governments to allow deals to go ahead on humanitarian grounds. As civil war grinds on, Syria is facing its worst wheat harvest in three decades. President […] Read more

Iran has ramped up its campaign to import wheat, buying more than 800,000 tonnes in two weeks in what some traders said was a drive to ensure adequate supplies for a possibly tense period after Friday’s election. This is the first presidential poll since a disputed 2009 contest led to months of unrest in the […] Read more