Volume of wheat purchased from farmers in Iran increases
BAKU, Azerbaijan, September 5
By Elnur Bagishov – Trend:
The volume of wheat purchased from farmers in Iran from the beginning of the current wheat harvesting season (in Iran April 4 to September 1) increased by 7 percent compared to the same period of the last Iranian year, Deputy Minister of Industry, Mine and Trade and the CEO of Government Trading Corporation of Iran, Yazdan Seif said, Trend reports citing the corporation’s website.
According to Seif, more than 8.2 million tons of wheat were purchased from farmers during this period.
The deputy minister added that the value of wheat purchased from farmers was 206 trillion rials (about $4.92 billion).
The CEO emphasized that so far, more than 185 trillion rials (about $4.41 billion) has been paid to farmers.
"Additionally, 265,000 tons of rapeseed worth more than 12 trillion rials (about $285 million) was purchased from farmers in Iran, and all of the money for purchased rapeseed was paid," he said.
Seif noted that also, 460 tons of sunflower seeds have been purchased in Khuzestan and Kerman provinces and 11 tons of safflower seeds in Fars and Kermanshah provinces so far.
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.