BAKU, Azerbaijan, May 8
By Elnur Baghishov – Trend:
A total of 1.1 million tons of wheat have been purchased from farmers in Iran under a guarantee from the beginning of the current harvesting season in Iran (March 31, 2021) to May 8, Director-General of the Internal Procurement Department of the Government Trading Corporation of Iran (GTC) Morteza Saadati Kia said, Trend reports citing the corporation’s website.
The director-general noted that wheat is already being purchased from farmers in 8 provinces of Iran. The value of wheat purchased so far is about 43.7 trillion rials (about $1.04 billion).
“So, 810,000 tons of wheat have been purchased in Iran's Khuzestan Province, 103,000 tons in Ilam Province, 57,000 tons in Fars Province, and 57,000 tons in Kerman Province,” he said.
Saadati Kia added that wheat in this volume has been purchased from more than 53,000 farmers.
Reportedly, 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 was set up at 50,000 rials (about $1.19) for the current Iranian year.
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).
The guaranteed purchase of wheat from farmers in Iran will continue until November 21, 2021.
A number of products, including wheat, tea, rice, and other products are purchased from farmers by GTC under a guarantee in Iran.