BAKU, Azerbaijan, July 10. A total of 5.05 million tons of wheat have been purchased from farmers in Iran under a guaranteed contract since April 5 to date, Deputy Minister of Agriculture and Executive Director of the State Trading Company of Iran Saeed Rad told reporters, Trend reports.
According to him, 1.43 million tons of wheat were purchased from farmers in Khuzestan Province, 590,000 tons in Golestan Province, 503,000 tons in Fars Province, 433,000 tons in Kermanshah Province, and 316,000 tons in Razavi Khorasan Province under a guaranteed purchase agreement.
Rad pointed out that 453 trillion rials (about $750 million) were paid to farmers in exchange for the purchased wheat. Relevant government agencies are working to pay the remaining amount as soon as possible.
As many as 6.39 million hectares of wheat have been sown in Iran this year. Of this, 4.22 million hectares are durum wheat fields and 2.17 million hectares are conventional fields.
In the current year, the guaranteed price of wheat for bread production in the country has been set at 205,000 rials (about $0.38) per kilogram, and durum wheat at 210,000 rials (about $0.39).
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