BAKU, Azerbaijan, September 4. The amount of wheat purchased from local farmers in Iran under a guarantee since the beginning of the current wheat harvesting season (started March 28, 2023) increased by 40 percent, in other words, 3.12 million tons compared to the same period previous season, Iranian Deputy Minister of Agriculture Jihad and Executive Director of Iranian Government Trading Corporation (GTC) Saeed Rad said, Trend reports.
“In total, 10.2 million tons of wheat were purchased from local farmers in the country under a guarantee within the specified period,” the director said.
The deputy minister stressed that of the mentioned volume, 46 percent was purchased in four provinces: Khuzestan, Kurdistan, Fars, and Kermanshah.
Meanwhile, in the same period previous season, 7.1 million tons of wheat have been purchased from local farmers in the country under a guarantee.
Overall, 13 million tons of wheat are forecast 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 the Iranian Government Trading Corporation.
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 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 were ordinary agricultural land.
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