BAKU, Azerbaijan, April 19. Iranian Government Trading Corporation (GTC) has purchased 9,460 tons of wheat from farmers under a guarantee in the Sistan and Baluchestan Province (south-eastern Iran) from the beginning of current wheat harvesting season in Iran (March 28, 2023) to April 19, 2023, Director of the Agricultural Department of Sistan and Baluchestan Province Mohammad Reza Hosseini said, Trend reports citing the department’s website.
According to Hosseini, the most volume of wheat was purchased from farmers in Rask, Bampur, Dalgan and Dashtiari counties of the province.
The director general added that wheat was planted on 32,000 hectares of land in the Sistan and Baluchestan Province in the current planting year (September 23, 2022 through September 22, 2023).
“In general, there are 60 combine harvesters for wheat production and 11 centers for purchasing of wheat from farmers under a guarantee operating in the province,” he said.
Overall, 13 million tons of wheat are forecasted to be harvested in Iran for the current Iranian year (March 21, 2023 through March 19, 2024). Of that amount, 8-8.5 million tons are estimated to be purchased by the GTC.
Meanwhile, in the last Iranian year (March 21, 2022 through March 20, 2023), about 11.5 million tons of wheat were harvested in the country, of which 7.5 million tons were purchased by Iranian Government Trading Corporation.
Last year, the price of 1 kg of wheat was set up at 115,000 rials (about $2.74), while, 1 kg of wheat is set at 130,000 rials (about $3.09) for the current season.
However, considering that the set price is low, the Economic Council in Iran will determine the new price for wheat to be purchased from farmers in the next week (April 1 through April 8).
In total, wheat was planted on 5.95 million hectares of land in Iran in the current season. Of this, 3.96 million hectares accounted for dry-farming land, while 1.99 million hectares for ordinary agricultural land.
A number of products, including wheat, tea, rice, and other products are purchased from farmers by GTC under a guarantee in Iran.
---
Follow the author on Twitter:@BaghishovElnur