Trading Corporation of Iran (GTC) by 30 may of the current year, purchased from local farmers more than 2 million tons of wheat new crop, told Asdan Saif, managing Director of GTC.
Last winter lasted longer than usual, so the sowing of wheat started late. The government of Iran, the state reserve in the current year will be purchased more than 11 million tons of wheat. This amount will completely cover domestic needs in wheat.
In the framework of procurement programme in 2016, Iran has purchased to the state reserve at a guaranteed price of 11.76 million tons of wheat. The total amount spent for the purchase of wheat amounted to over $4 billion.
Translated by service "Yandex.Translation"