Iran announces volume of wheat purchased in Qom Province

Business Materials 13 September 2020 10:00
Iran announces volume of wheat purchased in Qom Province

BAKU, Azerbaijan, September 12

By Elnur Baghishov – Trend:

A total of 13,400 tons of wheat has been purchased from farmers in Iran's Qom Province since the beginning of the current wheat harvesting season in Iran (April 4), Director General of the Government Trading Corporation of Iran’s (GTC) branch in Qom Province Behzad Radmanesh said, Trend reports citing the corporation’s website.

Radmanesh said that the purchase of wheat in the province has already been completed and the money has been paid to farmers at fully.

The director general noted that currently, the volume of wheat in Qom Province amounts 42,000 tons and can meet the needs of the province for 3 months.

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.