BAKU, Azerbaijan, June 6. The amount of wheat purchased from local farmers in Iran’s Isfahan Province under a guarantee since the beginning of the current wheat harvesting season (started March 28, 2023), in the country, increased by 36 percent, compared to the same period of the previous season, Director General of Iranian Government Trading Corporation’s branch in Isfahan Province Mohsen Ziyaei, Trend reports.
According to Ziyaei, a total of 5,440 tons of wheat have been purchased from farmers in the province during the mentioned period.
He added that the value of purchased wheat was 628 billion rials (about $15 million).
The director general also said that wheat purchasing in the province has started 15 days ago, and will last till the end of the 6th month of the current Iranian year (September 22, 2023).
There are about 563,000 hectares of agricultural area in Iran’s Isfahan Province, of which 290,000 hectares were planted with wheat.
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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