Wheat turnover reaches $350m

Enterprises imported 1.44 million tonnes of wheat with a turnover of US$350 million in the first six months of this year, up 80 per cent in terms of value and volume over the same period last year.

In July alone, 230,000 tonnes of wheat were imported, worth $56 million.

The imported wheat is used as animal feed and is relatively low in price compared to maize, rice, bran and manioc.

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Posted by VBN on Jul 31 2010. Filed under Import-Export, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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