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Iran discloses amount paid to farmers in Tehran Province

Business Materials 10 August 2020 10:06 (UTC +04:00)
Iran discloses amount paid to farmers in Tehran Province

BAKU, Azerbaijan, August 10

By Elnur Baghishov – Trend:

About 99 percent of the value of purchased wheat in the Tehran Province (northern Iran) from the beginning of harvesting season April 4 to August 9, 2020 has been paid to farmers, director of Government Trading Corporation (GTC) of Iran’s branch in Tehran Province Abbas Arshadi said, Trend reports citing the corporation’s website.

The director stressed that so far, more than 124,700 tons of wheat have been purchased from farmers.

Arshadi added that 103,200 tons of wheat was purchased from farmers in the same period last Iranian year.

"The volume of wheat purchased in the current Iranian year (began March 20, 2020) increased by 21 percent compared to the same period last Iranian year," the director said.

According to him, in addition, more than 3,340 tons of rapeseed was purchased from farmers in the province in the current Iranian year. All the money for the purchased rapeseed was paid to the farmers.

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.

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