BAKU, Azerbaijan, July 12
By Elnur Baghishov – Trend:
The process of purchasing wheat from farmers in 8 counties of the Fars Province (southern Iran) continues, Director General of Government Trading Corporation (GTC) of Iran’s branch in Fars Province Mansour Jabbari said, Trend reports citing the corporation’s website.
According to Jabbari, more than 446,000 tons of wheat have been purchased from farmers in 29 counties of the Fars Province under a guarantee from the beginning of the current harvesting season in Iran (March 31, 2021) to July 11.
The director general added that the largest volume of wheat has been purchased in the Marvdasht County of the province. So, more than 111,000 tons of wheat have been purchased in this county.
“The value of purchased wheat is more than 22 trillion rials (about $524 million). So far, 92 percent of the money has been paid to the farmers,” he noted.
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 the 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.