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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.
Russia’s Grain Stocks Reach 31 Million Metric Tons . . . New Federal Agricultural Subsidy Distribution Orders . . . EAEU Members Forecast Development of Russia’s Agricultural Sector for 2016-2017 . .