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Iran to export surplus wheat in flour form

Business Materials 19 September 2016 15:02 (UTC +04:00)

Baku, Azerbaijan, Sept. 19

By Fatih Karimov – Trend:

Iran plans to export its surplus wheat to Iraq and Afghanistan, the Islamic Republic’s agriculture minister, Mahmoud Hojjati, said.

Given the fact that Iran’s strategic wheat reserve has increased, the country will employ its flour industry to export surplus wheat to Iraq and Afghanistan, Hojjati said, IRIB news agency reported Sept. 19.

Iran produced over 11.6 million tons of wheat this fiscal year (started March 20), some 3 million tons more than in the last fiscal year.

Almost 7.5 million tons of wheat is used by bakery units and Iran’s food industry also needs 2.5 million tons of wheat every year. Adding the amount considered as strategic reserves to the figure, the Islamic Republic needs over 13 million tons of wheat annually.

Last week Ali Ghanbari, the country’s deputy agriculture minister, said that Iran lifted the ban on wheat export and the first cargoes could be transported to Turkey and Italy.

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