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Amount of wheat purchased from Iranian local farmers exceeds 3 million tons

Business Materials 30 May 2023 15:53 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, May 30. In total, approximately 3.1 million tons of wheat have been purchased from Iranian local farmers under a guarantee since the beginning of the current wheat harvesting season (started March 28, 2023), in the country, an official of the Iranian Ministry of Agriculture Jihad Sohrab Sohrabi said, Trend reports.

According to Sohrabi, so far, wheat harvesting has been completed on 1.2 million hectares of land in the country. Of that, 650,000 hectares were ordinary arable land, while 450,000 hectares were dry-farming land. The most amount of wheat - 1.68 million tons - was purchased in Iran’s Khuzestan Province.

“Currently, wheat harvesting is carried out in 20 provinces of the country by means of 20,000 combine harvesters,” 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 Iranian Government Trading Corporation (GTC).

Meanwhile, 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 the GTC.

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 150,000 rials (about $3.57) for the current season.

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.

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