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Volume of wheat purchased in Iran's Yazd Province growing

Business Materials 12 September 2020 18:16 (UTC +04:00)
Volume of wheat purchased in Iran's Yazd Province growing

BAKU, Azerbaijan, September 12

By Elnur Baghishov – Trend:

A total of 5,200 tons of wheat has been purchased from farmers in the Yazd Province (central Iran) from the beginning of the current wheat harvesting season in Iran (April 4) to September 12, Director General of Government Trading Corporation (GTC) of Iran’s branch in Yazd Province Hamid Paydar Ardakani said, Trend reports citing the corporation’s website.

According to Paydar Ardakani, this is an increase of more than 50 percent compared to the same period last Iranian year.

He added that 90 percent of the value of the purchased wheat was paid to farmers.

The director general emphasized that about 160,000 tons of wheat is imported from 5 provinces of Iran to meet the annual wheat needs of the province.

“In addition, about 200 tons of rapeseed has been purchased from farmers in the province in the current Iranian year, and all of the money for the purchased rapeseed has been paid to farmers,” he noted.

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.

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