BAKU, Azerbaijan, Apr. 20
By Elnur Baghishov – Trend:
More than 127,000 tons of wheat have been purchased from farmers in Iran from March 31 to April 19, Trend reports citing Government Trade Corporation of Iran (GTC).
According to the report, the value of purchased wheat is more than 5 trillion rials (about $119 million). And money of farmers is paid as soon as it is registered in the system.
The GTC continues to buy wheat in Khuzestan, Kerman, Hormozgan, Bushehr, Sistan, and Baluchestan and Fars provinces of Iran, and so far, 6,760 farmers have delivered their wheat to sales centers.
The guaranteed purchase of wheat from farmers in Iran will continue until November 21, 2021.
Reportedly, a number of products, including wheat, tea, rice, and other products are purchased from farmers by GTC under a guarantee in Iran.
It is forecasted that more than 9 million tons of wheat will be purchased in Iran in the current Iranian year (from March 20, 2021, through March 20, 2022). The price of 1 kg of wheat is set up 40,000 rials (about 95 cents) for the current Iranian year, the report said.
Wheat has been planted on 6.15 million hectares of land in the current Iranian year. This is an increase of 2.3 percent compared to last Iranian year (from March 20, 2020, through March 20, 2021).