BAKU, Azerbaijan, June 21. The amount of wheat purchased from local farmers in Iran’s Tehran Province under a guarantee since the beginning of the current wheat harvesting season in the country (started March 28, 2023), increased by 35 percent compared to the same period in the previous season, Director of the Agricultural Department of Tehran Province, Jabraeil Baradari said, Trend reports.
Baradari said that in total, 103,000 tons of wheat worth 10.8 trillion rials (about $258 million) were purchased from farmers in Tehran Province within the mentioned period.
The director also pointed out that wheat was planted in an area of approximately 47,200 hectares in Tehran Province. So far, wheat harvesting has been completed in 90 percent of the mentioned area, and it is expected to be completed fully in the next week.
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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