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Volume of wheat purchased in Iran's Zanjan Province up

Business Materials 7 September 2020 20:27 (UTC +04:00)
Volume of wheat purchased in Iran's Zanjan Province up

BAKU, Azerbaijan, September 7

By Elnur Baghishov – Trend:

The volume of wheat purchased from farmers in the Zanjan Province (western Iran) has increased by 30 percent from June 5 to September 7, 2020, compared to the same period of the last Iranian year, Director General of Government Trading Corporation (GTC) of Iran’s branch in Zanjan Province, Mohammad Izadi said, Trend reports citing the corporation’s website.

Izadi said that more than 317,000 tons of wheat were purchased from farmers in the province during the reporting period. In this regard, Zanjan Province ranks ninth among Iranian provinces.

The director-general added that the most amount of wheat was purchased from farmers in the Khodabandeh county of the Zanjan Province (110,000 tons).

Izadi noted that the value of wheat purchased from farmers was more than 8.04 trillion rials (about $191 million).

“So far, 6.5 trillion rials (about $154 million) has been paid to farmers,” he said.

The price of ordinary wheat 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.

Certain products in Iran, including wheat, tea, rice, and other products are purchased from farmers by a state company under a guarantee.

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