BAKU, Azerbaijan, August 10. As many as 7.44 million tons of wheat worth 1.53 quadrillion rials (about $2.68 billion) were purchased from farmers in Iran under a guaranteed contract between April 5 and August 8, Deputy Minister of Agriculture of Iran and Executive Director of the State Trading Company Saeed Rad told local media, Trend reports.
According to him, the process of paying farmers for the purchased wheat is ongoing and so far about 652 trillion rials (nearly $1.14 billion) have been paid to farmers.
Rad said that the largest amount of wheat was purchased from farmers in Khuzestan Province (1.44 million tons), followed by the provinces of Kurdistan (734,000 tons), Golestan (602,000 tons), Fars (586,000 tons), Kermanshah (584,000 tons), West Azerbaijan (394,000 tons), Hamadan (363,000 tons), Razavi Khorasan (343,000 tons), Ardabil (319,000 tons), and Zanjan (296,000 tons).
To note, wheat has been sown on 6.39 million hectares in Iran this year. Of this, 4.22 million hectares are fallow lands and 2.17 million hectares - conventionally sown lands.
In the current year (from March 21, 2025, through March 20, 2026), the guaranteed price of wheat for making bread in the country has been set at 205,000 rials (circa $0.38) per kilogram, and the price of durum wheat has been set at 210,000 rials (approximately $0.39) per kilogram.
------
Follow the author on X: @BaghishovElnur
