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Purchase of wheat in Iran's Sistan and Baluchestan Province completed

Business Materials 22 September 2020 19:01 (UTC +04:00)
Purchase of wheat in Iran's Sistan and Baluchestan Province completed

BAKU, Azerbaijan, September 22

By Elnur Baghishov – Trend:

The current wheat harvesting season in Iran (began April 4) was completed today on September 22, Director General of the Government Trading Corporation (GTC) of Iran’s branch in Sistan and Baluchestan Province Gholamali Ganjali said, Trend reports citing the corporation’s official website.

According to Ganjali, about 38,700 tons of wheat worth 996 billion rials (about $23.7 million) was purchased from farmers in the province, to date.

Ganjali added that 99 percent of the value of purchased wheat was paid to farmers.

“In addition, 816 tons of rapeseed worth 37 billion rials (about $880,000) was purchased from farmers in the province,” the report said.

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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