Canada Wheat Board has no comment on Iran talk

Reuters News
Posted: Feb 09, 2012 7:03 AM
Canada Wheat Board has no comment on Iran talk

BEIJING (Reuters) - The head of the Canadian Wheat Board on Thursday declined to comment on whether it might be planning to sell wheat or barley to Iran, but added that "we sell wheat to Iran when they need it."

Chief Executive Officer Ian White told Reuters: "We've often sold wheat to Iran and right now I wouldn't be able to comment on whether there's much going or not."

White made his remarks when asked about an article in a U.S. industry newsletter which said the board was talking to the Canadian government about a possible sale to Iran.

White, speaking on the sidelines of a Canada-China trade conference in Beijing, said Iran generally entered the market "when they have a bad crop."

Trade with Iran is becoming increasingly difficult because of sanctions imposed by the United States and the European Union over Tehran's controversial nuclear program, which Iran insists is only for peaceful purposes.

Asked whether the sanctions would complicate a possible sale to Iran, White said: "The Iranians pay promptly but obviously we'd have to look at all the factors associated with it."

(Reporting by David Ljunggren; Editing by Ben Blanchard)