BAKU, Azerbaijan, September 3. The volume of wheat purchased from farmers under a guarantee in Iran has decreased by 35 percent from April 5 compared to the volume of harvested wheat, Ataollah Hashemi, head of the National Wheat Farmers Foundation of Iran, told local media, Trend reports.
According to him, during the mentioned period, 7.7 million tons of wheat were purchased from farmers under a guarantee against 11 million tons of wheat harvested in the country.
Hashemi noted that the volume of wheat harvested and not sold to the government under a guarantee is 3.4 million tons. Part of this wheat is for farmers' own consumption and other aims.
In the current year (from March 21, 2025, through March 20, 2026), the guaranteed price of one kilogram of wheat for making bread in the country has been set at 205,000 rials (roughly $0.38), and the price of one kilogram of durum wheat has been set at 210,000 rials (about $0.39).
The data from the State Trading Company of Iran shows that from April 5 through August 15, 7.57 million tons of wheat worth approximately 1.56 quadrillion rials (nearly $2.7 billion) were guaranteed to be purchased from farmers in Iran.
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