Browse Data and Analysis

Since December 2022, rainfall across most of Iraq has been positive, expected to result in favorable yields and increased production for winter crops wheat and barley, with rice expected to rebound this summer for marketing year (MY) 2023/24.

On May 17, the Government of Iraq (GOI) announced higher purchase prices for locally-produced wheat in an effort to incentivize farmers to market their crop to the Ministry of Trade. On June 8, the GOI also passed a food security bill that allows the government to use public funds to meet urgent food needs, including issuing tenders to import wheat.

Continued drought and water shortages is affecting economic activities in Iraq, especially grain production in 2022. The Iraqi Ministry of Agriculture cut agricultural cropping in irrigated areas to 50 percent less than the previous year due to shortages in surface water.

Global lentil exports in 2020 jumped from $1 billion to $2.6 billion compared to the year before. Canada and Australia led the surge, accounting for more than three-fourths of the exports. Lentil exports peaked at $2.7 billion in 2015 but drifted lower through 2019, primarily due to reduced shipments from Canada to India and Turkey and from the United States to Canada and India.

The Iraqi Ministry of Agriculture recently released its 2021 plans for total planted area of summer crops – corn and rice – following approval by the Ministry of Water Resources.

Effective April 15, Iraq’s Ministry of Agriculture issued a number of decisions to restrict the transshipment of wheat and barley inside Iraq to limit the entry of crops from unknown sources.

The Philippines and Member States of the European Free Trade Association (EFTA) – Iceland, Liechtenstein, Norway, and Switzerland – signed a comprehensive Free Trade Agreement (FTA) on April 28, 2016.

Sub-Saharan Africa’s voracious appetite for imported agricultural goods is a direct result of the region’s robust growth in gross domestic product (GDP) and population.

In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.

Economic growth and rising incomes are propelling demand for broiler meat in the Middle East and Turkey is stepping up to fill demand.