Iran Gov’t Local Wheat Purchases Hit 7.5m Tons Worth $2.3b

The government has bought 7.5 million tons of wheat from local farmers so far this year (started March 21) as part of its guaranteed purchase plan, director general of Grains and Essential Goods Production Department of the Agriculture Ministry said on Saturday.
“This volume was worth more than 830 trillion rials [$2.34 billion],” Faramak Aziz-Karimi was also quoted as saying by IRIB News.
The government bought only around 4.52 million tons of the grain last year.
Considered a staple in Iran, wheat is purchased every crop year by the government to build up its reserves and supply the domestic market.