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Volume of wheat purchased from farmers in Iran's Zanjan Province disclosed

Business Materials 1 September 2020 17:54
Volume of wheat purchased from farmers in Iran's Zanjan Province disclosed

BAKU, Azerbaijan, September 1

By Elnur Baghishov – Trend:

As many as 311,146 tons of wheat has been purchased from farmers in the Zanjan Province (western Iran) from June 5 to September 1, Director General of Government Trading Corporation (GTC) of Iran’s branch in Zanjan Province, Mohammad Izadi said, Trend reports citing the corporation’s website.

According to Izadi, the volume of purchased wheat increased by 21 percent compared to the same period in the last Iranian year.

The director-general added that the value of wheat purchased from farmers was more than 7.84 trillion rials (about $186 million).

“The highest amount of wheat was purchased in the Khodabandeh county of the province,” he said.

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.

Several 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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