BAKU, Azerbaijan, June 21
By Elnur Baghishov – Trend:
More than 700,000 tons of wheat has been purchased in the Golestan Province (northeastern Iran) from May 26 to date (June 21), Director of Government Trading Corporation’s (GTC) branch in Golestan Province Mansour Sayyadi said, Trend reports citing the corporation’s website.
According to Sayyadi, so far, the value of wheat purchased from farmers has exceeded 18.02 trillion rials (about $429 million).
Sayyadi said it is forecasted that 1.2 million tons of wheat will be purchased from farmers in Golestan Province in the current Iranian year (began March 20, 2020).
The official noted that so far, more than 77,500 tons of rapeseed have been purchased in the province.
The price of ordinary wheat to be purchased from farmers in the current planting year is set at 25,000 rials (about 59 cents), and of durum wheat - at 26,000 rials (about 61 cents) per kilogram in the current Iranian year (began March 20, 2020). The price of rapeseed is set at 46,600 rials (about $1.1) per kilogram.
A number of products, including wheat, tea, rice and other products, are purchased from farmers by a state company under a guarantee in Iran.