Aug 14, 2023, 11:43 AM
Journalist ID: 5486
News ID: 85198431
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Iran reports 40% y/y rise in domestic wheat purchases

Aug 14, 2023, 11:43 AM
News ID: 85198431
Iran reports 40% y/y rise in domestic wheat purchases

Tehran, IRNA – Iran has reported a major surge in its guaranteed purchase of wheat from domestic farmers in the harvest season that began in April.

Alireza Mohajer, an Iranian deputy agriculture minister, said on Monday that the purchase of wheat from domestic farmers had reached over 9.5 million metric tons (mt), up 40% compared to April-August last year.

“Although we faced drought this year and last year, the guaranteed purchase of wheat has increased by 40% compared to the previous year,” he said.

The top official further explained that this year's wheat purchases had increased by 111% or 5 million mt compared to that of two years ago, when the Raisi administration took office.

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