Iran will export wheat for the first time after wrapping up guaranteed purchases of the strategic crop from local farmers for the current harvest year, a senior official says.
According to reports, the State Trading Corporation of Iran (STC) plans to put out 400,000 metric tons of durum wheat for exports, STC Managing Director Ali Qanbari said.
The government bought 8.08 million metric tons of wheat from Iranian farmers this year, which is enough to meet local demand amid sufficient stocks from previous years.
“Despite lower precipitations this year, about 1.4 millions tons of more wheat was purchased than last year …read more
Source: Iran English Radio
