BAKU, Azerbaijan, August 22
By Elnur Baghishov – Trend:
More than 550,000 tons of wheat has been purchased from farmers in the Kermanshah Province (western Iran) from the beginning of the current wheat harvesting season in Iran April 4 to August 22, director of Government Trading Corporation (GTC) of Iran’s branch in Kermanshah Province Mashallah Orveysi said, Trend reports citing the corporation’s official website.
The director noted that 12.5 trillion rials (about $299 million) of the value of purchased wheat has been paid to the farmers. This is 94 percent of all funds.
Orveysi added that the remaining funds will be paid to farmers soon.
The chairman noted that the purchase of wheat from farmers in the province will continue until the end of this month (August 22-September 21).
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.