BAKU, Azerbaijan, May 23. The Central Union of Rural and Agricultural Cooperatives of Iran purchased more than 56,000 tons of wheat from local farmers in Hormozgan Province (southern Iran) under a guarantee, since the beginning of the current wheat harvesting season (started March 28, 2023), in the country, said Isa Barkhurdari, head of the Hormozgan branch of the mentioned union, Trend reports.
The official noted that currently, the guaranteed wheat purchasing in the province is near completion. In total, 60,000 tons of wheat are expected to be purchased in the province this season.
Barkhurdari also added that approximately 39,000 tons of wheat were purchased from farmers in Hormozgan Province over the last Iranian year (March 21, 2022 through March 20, 2023).
Overall, 13 million tons of wheat are forecasted 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 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 up 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 for ordinary agricultural land.
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