GTC to Purchase 10m Tons of Wheat From Local Farmers in Current Crop Year

The Government Trading Corporation of Iran plans to purchase a total of 10 million tons of wheat from local farmers at guaranteed prices in the current crop year (Sept. 2020-21).
“This will account for some 90% of the domestic demand for this staple grain,” Qodrat Heydari, the deputy head of GTC, was quoted as saying by IRNA.
Noting that GTC is responsible for meeting domestic demand for bread, the official said it has to annually distribute around 10.5 million tons of flour to bakeries across the country.