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Local wheat purchases in Iran’s Chaharmahal & Bakhtiari Province double

Business Materials 7 September 2023 14:31 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, September 7. 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 110 percent compared to the same period last season, said Sirus Beikbakan, deputy director of the province’s agriculture department, Trend reports.

The deputy noted that nearly 48,300 tons of wheat have been purchased from farmers in the province under a guarantee within the mentioned period.

He added that the largest amount of wheat was purchased in the province’s Khanmirza County (10,000 tons).

“Furthermore, 3,000 tons of wheat as seeds were purchased from the province’s farmers under a guarantee,” Beikbakan said.

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.

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