Friday, 17 April 2009

Iran becomes biggest wheat importer

Iran has become the world’s largest importer of wheat, the country’s staple, in a blow to Tehran’s goal of achieving self-sufficiency in the crops it considers key to food security.

Iran has in months catapulted from being a minor player in the cereals market to the top buyer. It has even been forced to buy wheat from the US for the first time in 26 years.

The surge in cereal imports – due largely to drought – comes amid rising concern about food security among Middle East and North African countries that has led Saudi Arabia and other wealthy Gulf states to seek farmland overseas to grow crops.

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