BAKU, Azerbaijan, August 2. The amount of wheat purchased from farmers in Iran’s Razavi Khorasan Province under a guarantee since the beginning of the current wheat harvesting season in the country (started March 28, 2023) increased by 30 percent compared to the same period in the last season, Deputy Director of the Agricultural Department of Razavi Khorasan Province Gholam Hossein Sarban said, Trend reports.
According to Sarban, in total, 370,000 tons of wheat were purchased from farmers in the province under a guarantee within the mentioned period.
"Currently, there are 50 centers for the guaranteed purchase of wheat operating in the Razavi Khorasan Province," he added.
The deputy director also said that a total of 355,000 tons of wheat were purchased from farmers in the province for the last Iranian year (March 21, 2022 through March 20, 2023).
Overall, 13 million tons of wheat are forecast 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 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 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 were ordinary agricultural land.
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