BAKU, Azerbaijan, June 15. The amount of wheat purchased from local farmers in Iran under a guarantee since the beginning of the current wheat harvesting season (started March 28, 2023), increased by 25 percent, compared to the same period of the previous season, Trend reports.
Over 4.02 million tons of wheat were purchased from farmers under a guarantee in 21 out of 31 provinces of Iran.
The most amount of wheat was purchased in Iran's Khuzestan Province - 1.77 million tons, Fars Province - 524,000 tons, and Golestan Province - 425,000 tons.
The volume of wheat purchased in Iran’s Bushehr Province increased 5 times, in Kermanshah Province - 3.5 times, wheat purchased in Kohgiluyeh and Boyer-Ahmad Province - 2.5 times, while in Lorestan and Sistan-Baluchistan provinces - 2 times each.
So far, approximately 256 trillion rials (about $6.09 billion) has been paid to farmers for the purchased wheat.
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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