...

Iran records over two-fold increase in guaranteed wheat purchasing in Chaharmahal & Bakhtiari Province

Business Materials 21 August 2023 10:53 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
Read more

BAKU, Azerbaijan, August 21. The amount of wheat purchased from local farmers in Iran’s Chaharmahal and Bakhtiari Province under a guarantee since the beginning of the current wheat harvesting season (started March 28, 2023) increased by 145 percent compared to the same period last season, said Sirus Beikbakan, deputy director of the agriculture department of the province, Trend reports.

According to him, about 41,900 tons of wheat have been purchased from farmers in the province under a guarantee within the mentioned period, while in the same period previous season, the figure stood at 17,000 tons.

The director general added that the largest amount of wheat was purchased in the province’s Khanmirza County (8,000 tons), Shahrekord County (7,000 tons), and Lordegan County (5,790 tons).

Reportedly, there are 250,000 hectares of agricultural land in Iran’s Chaharmahal and Bakhtiari Province under. A total of 1.6 million tons of agricultural products are cultivated annually in this province.

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.

---

Follow the author on Twitter:@BaghishovElnur

Tags:
Latest

Latest