Iraq rice tender raises questions

Iraq rice tender raises questions

Iraqi Grain Board pays $1.4m more to buy rice from Brazil and Uruguay instead of accepting lower U.S. bid.

A RECENT decision by the Iraqi Grain Board (IGB) to decline a competitive bid from the U.S. for a rice tender has caused concern and distrust in the U.S. rice industry and its legislative representatives.

According to several reports, IGB issued an international grain tender to purchase 170,000 metric tons of milled rice in early November. The USA Rice Federation has learned that IGB awarded the tender to Uruguay, Brazil and Thailand despite the fa

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