BAKU, Azerbaijan, July 14
By Elnur Baghishov – Trend:
More than 124,500 tons of wheat and 3,120 tons of rapeseed has been purchased from farmers in Tehran province in the current Iranian year (began March 20, 2020), Director of Government Trading Corporation (GTC) of Iran’s branch in Tehran Province Abbas Arshadi said, Trend reports citing the corporation’s website.
Arshadi stressed that the value of purchased wheat was more than 3.14 trillion rials (about $74.7 million), and the value of rapeseed was more than 145 billion rials (about $3.45 million) in the current Iranian year.
More than 5 million tons of wheat worth 135 trillion rials (about $3.21 billion) has been purchased from farmers from the beginning of April 4.
In addition, 257,000 tons of rapeseed worth 11.5 trillion rials (about $274 million) has been purchased from farmers in Iran during this period.
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.