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Iran Gov’t Guaranteed Wheat Purchases Exceed 7m Tons Worth $2.6 Billion

The tonnage of purchases shows a 58% rise compared to last year and its value exceeds that of the years 2017-21, which stood at an aggregate of 812.03 trillion rials ($2.55 billion)
Gov’t Guaranteed Wheat Purchases Exceed 7m Tons Worth $2.6 Billion
Gov’t Guaranteed Wheat Purchases Exceed 7m Tons Worth $2.6 Billion

The Iranian government has purchased 7.15 million tons of wheat worth 827.86 trillion rials ($2.6 billion) domestically from the beginning of the harvest season on March 24 till Sept. 14, registering a 58% rise in tonnage compared with the similar period of last year, according to CEO of the Government Trading Corporation.
“The value of this year’s purchases exceeds that of the years 2017-21, which stood at an aggregate of 812.03 trillion rials [$2.55 billion],” Saeed Rad was also quoted as saying by ILNA.   
This year, guaranteed purchases started from the provinces of Sistan-Baluchestan, Kerman and Khuzestan — all in southern Iran.

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