More than 10 million tons of wheat were produced in Iran in the current crop year (started September 22), registering a 25% rise compared with the last crop year, according to the CEO of Government Trading Corporation.
“Around 7.16 million tons of the total sum were purchased at guaranteed prices from local farmers across 31 Iranian provinces,” Saeed Rad was also quoted as saying by ILNA.
Considered a staple in Iran, wheat is purchased every crop year by the government to build up its reserves and supply the market over time.
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