BAKU, Azerbaijan, May 30. The amount of wheat purchased from local farmers in Iran’s Hormozgan Province under a guarantee, increased by 50 percent since the beginning of the current wheat harvesting season (started March 28, 2023), in the country, compared to the same period in the last season, said Mohammad Reza Mandeghari, deputy head of the Central Union of Rural and Agricultural Cooperatives of Iran’s branch in Hormozgan Province, Trend reports.
According to Mandeghari, the Central Union of Rural and Agricultural Cooperatives of Iran purchased 58,300 tons of wheat from farmers in the province within the mentioned period. The figure is estimated to exceed 60,000 tons by the end of the season.
The deputy added that the most wheat - 34,000 tons of wheat was purchased from farmers in Hajjiabad County of the province.
In total, 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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