BAKU, Azerbaijan, September 7
By Elnur Baghishov – Trend:
More than 19,870 tons of wheat has been purchased from farmers in the South Khorasan Province (northeastern Iran) from the beginning of the current wheat harvesting season in Iran (April 4) to September 7, said Majed Asadollahi Director General of Government Trading Corporation (GTC) of Iran’s branch in South Khorasan Province, Trend reports citing the corporation’s website.
The director-general noted that the volume of wheat purchased from farmers in the South Khorasan Province increased by 60 percent compared to the same period last Iranian year.
He added that 12,400 tons of wheat were purchased from farmers in the province during the same period last Iranian year.
Asadollahi stressed that the value of purchased wheat was more than 498 billion rials (about $11.8 million).
According to the director-general, 95 percent or 474 billion rials (about $11.2 million) of these funds were paid to 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.
Several products, including wheat, tea, rice, and other products are purchased from farmers by a state company under a guarantee in Iran.