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Volume of wheat purchased in Iran's Tehran Province grow

Business Materials 14 September 2020 13:24
Volume of wheat purchased in Iran's Tehran Province grow

BAKU, Azerbaijan, September 14

By Elnur Bagishov – Trend:

The volume of wheat purchased from farmers in the Tehran Province (northern Iran) has reached 135,000 tons from the beginning of the current wheat harvesting season in Iran (April 4) to date (September 14), Director General of Government Trading Corporation (GTC) of Iran’s branch in Tehran Province, Abbas Arshadi said, Trend reports citing the corporation’s website.

The director-general stressed that this is an increase of 21 percent compared to the same period of the last Iranian year.

Arshadi added that the value of the wheat purchased from farmers in Tehran Province was 3.15 trillion rials (about $75 million), and about 99 percent of it was paid to farmers.

“In addition, 3,300 tons of rapeseed was purchased from farmers in Tehran Province,” he said.

The director-general noted that the volume of rapeseed purchased from farmers in the province increased by 75 percent compared to the same period last Iranian year.

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.

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