BAKU, Azerbaijan, Nov. 2
By Elnur Baghishov – Trend:
A total of 208 trillion rials (about $4.95 billion) worth of wheat has been purchased from farmers in Iran in the current wheat harvesting season (from April 4 to October 21) and the money of farmers has been paid completely, Trend reports citing Government Trading Corporation of Iran (GTC).
According to the report, a total of 8.22 million tons of wheat has been purchased from farmers in Iran. The volume of purchased wheat increased by 7 percent compared to the same period last Iranian year.
The largest volume of wheat has been purchased from farmers in Khuzestan Province - 1.2 million tons, in Fars Province - 911,000 tons, and in Golestan Province - 820,000 tons, the report said.
Moreover, 264,000 tons of rapeseed has been purchased from farmers in Iran in the current wheat harvesting season and the money for purchased rapeseed also has been paid to farmers completely.
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 GTC under a guarantee in Iran.