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Iran hopes to harvest 460,000 tons of wheat in East Azerbaijan Province

Business Materials 12 June 2023 11:56 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, June 12. As many as 460,000 tons of wheat are expected to be harvested in Iran’s East Azerbaijan Province in the north-west of the country, during the current Iranian year (March 21, 2023 through March 19, 2024), an official of East Azerbaijan Province Agriculture Department, Jalal Rahimzadeh said, Trend reports.

“Of the mentioned volume, approximately 235,000 tons are estimated to be purchased from farmers under a guarantee,” Rahimzadeh added.

The official noted that wheat was planted on 464,000 hectares of land in Iran’s East Azerbaijan Province. Some 396,000 hectares of that is dry-farming land, while 68,000 hectares is ordinary agricultural land.

According to him, a total of 73 centers were established in the province for the purchasing wheat from farmers.

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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