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Volume of wheat purchased in Iran’s North Khorasan Province revealed

Business Materials 21 September 2020 11:59 (UTC +04:00)
Volume of wheat purchased in Iran’s North Khorasan Province revealed

BAKU, Azerbaijan, September 21

By Elnur Baghishov – Trend:

A total of 131,000 tons of wheat was purchased from farmers in the North Khorasan Province (northeastern Iran) from the beginning of the current wheat harvesting season in Iran (April 4) to September 20, Director General of Government Trading Corporation (GTC) of Iran’s branch in North Khorasan Province Jalal Mousavi said, Trend reports citing the corporation’s website.

Mousavi stressed that 95 percent of the value purchased wheat has been paid to the farmers, so far.

The director-general added that the process of purchasing wheat in the province continues.

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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