BAKU, Azerbaijan, June 19. The amount of wheat purchased from local farmers in Iran’s Hormozgan Province under a guarantee amounted to about 60,300 since the beginning of the current wheat harvesting season in the country (started March 28, 2023), said Mohammad Reza Mandeghari, deputy head of the Central Union of Rural and Agricultural Cooperatives of Iran’s branch in Hormozgan Province, Trend reports.
Mandeghari noted that this is an increase of 50 percent compared to the same period in the previous season.
He added that in the coming days, the purchasing of wheat under a guarantee will be completed in the province.
The deputy director also said that 332 tons of rapeseed were purchased from farmers in the province within the mentioned period.
Reportedly, wheat was planted on 17,500 hectares of land in the Hormozgan Province of Iran. It is expected that 65,000 tons of wheat will be harvested during the current season.
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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