Iran bans import of wheat from Russia
Tehran, Sept 3, IRNA-
Iran has banned import of wheat for feeding cattle from Russia and the countries infected by bird flu.
A report released by the website of wheat project commissioner quoting the Russian news agencies said, Iran's decision will leave its negative impact upon the corn market of the countries bordering the Caspian Sea.
According to a Russian official, as a consequence of the ban the export price of Russian wheat dropped by 3.38 dollars, which at present costs 87.41 dollars per ton.
Iran annually imports a great amount of cattle wheat from abroad to supply part of its cattle's required food.
The related statistics show that 160,000 tons of cattle wheat were imported by the Ministry of Commerce last year, while the figure stood at 63,000 tons over the first quarter of the current fiscal year (started March 21).
Iran has banned import of wheat for feeding cattle from Russia and the countries infected by bird flu.
A report released by the website of wheat project commissioner quoting the Russian news agencies said, Iran's decision will leave its negative impact upon the corn market of the countries bordering the Caspian Sea.
According to a Russian official, as a consequence of the ban the export price of Russian wheat dropped by 3.38 dollars, which at present costs 87.41 dollars per ton.
Iran annually imports a great amount of cattle wheat from abroad to supply part of its cattle's required food.
The related statistics show that 160,000 tons of cattle wheat were imported by the Ministry of Commerce last year, while the figure stood at 63,000 tons over the first quarter of the current fiscal year (started March 21).
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