Gov’t to Raise Agricultural Purchase Prices
Economy, Domestic Economy

Gov’t to Raise Agricultural Purchase Prices

The government will increase the guaranteed purchase prices of 24 agricultural products from local farmers by up to 15%, says the managing director of the Central Organization of Rural Cooperatives of Iran.  “This comes despite the fact that the global prices of agricultural products have fallen sharply in the past couple of years,” Hossein Safaei also told ISNA. According to Managing Director of Government Trading Corporation of Iran Ali Qanbari, the government has purchased as much as 470,000 tons of wheat worth 5,500 billion rials (around $158.63 million) from the farmers of seven southern provinces since the start of the harvest season (mid-March) up until April 25.  Qanbari also said GTC’s purchase offices receive up to 30,000 tons of wheat daily.  “Most purchases were made in Khuzestan Province. Wheat growers there sold 300,000 tons of the crop to the government in the said period. The remaining 170,000 tons were bought in Fars, Kerman, Bushehr, Ilam, Sistan-Baluchestan and Hormozgan provinces,” IRNA quoted Qanbari as saying.

Short URL : http://goo.gl/JUrZY4
  1. http://goo.gl/gMQlJJ
  • http://goo.gl/2YF646
  • http://goo.gl/mx4LD3
  • http://goo.gl/5PqF1r
  • http://goo.gl/yfHHCb

You can also read ...

Turkey Determined to Protect Companies From US Sanctions
Turkey will take every initiative to protect its companies...
Westminster Group Hopeful Over Iran Airport Security Deal
UK-based company Westminster Group PLC is still hopeful it can...
Tesla’s Gigafactory in Nevada, the US
Tesla Inc has flown six planes full of robots and equipment...
Further Hike in Unified USD Rate
The Central Bank of Iran has increased the US dollar's...
Head of Sistan-Baluchestan’s Ports and Maritime Organization Behrouz Aghaei (L) shakes hands with Managing Director of Life Trade Promotion Company Mohammad Arazesh after signing the agreement on May 23.
Life Trade Promotion Company signed an agreement with Sistan-...
Fiat Chrysler Recalls 4.8m Vehicles
Fiat Chrysler is warning the owners of approximately 4.8...
About 60% of the total volume of NPLs in Iran are considered irrecoverable.
Iranian banks and credit institutions held a total of about 1....
Iran’s 65-and-over population is projected to rise to make up 11% of the total population in 2036-37.
Iran’s population will get increasingly older over the next...