The Iranian government has paid off its debts to domestic farmers for this year’s wheat purchases amid a bumper crop that has made the country self-sufficient in the grain.
Iran is importing no wheat three years after it used to import 7 million tons of the crop, according to a senior official with the Ministry of Agricultural Jihad (MAJ).
Wheat production has risen by up to 100% in some Iranian provinces thanks to bumper harvest and price incentives offered to farmers.
In line with efforts to increase Iranian wheat output over the past few years, the country has plans to give a further rise to its rain-fed wheat production within the next 3 years, according to deputy minister of agricultural jihad.
Iran has purchased some 5.6 million tons of wheat worth over $1.647 billion from domestic producers since April in carrying out a national plan which guarantees the purchase of domestic production of the crop, according to a senior official with the Ministry of Agricultural Jihad (MAJ).
Iran has purchased some 4.4 million tons of wheat at the worth of over $1.3 billion from domestic producers since April in carrying out a national plan which guarantees the purchase of domestic production of the crop.
Iran’s wheat production is expected to reach 13.5 million tons in the current crop year (September 2023-2024), an official with the Agriculture Ministry said.
Iran has produced more than 14 million tons of wheat in 2023 Crop Year, according to a new report by the US Department of Agriculture.
Iranian agricultural minister Mohammad Ali Nikbakht has said that the country has become self-sufficient in production of wheat and does not need it import the staple grain in the coming year.
Iran’s ministry of agriculture says this year’s domestic wheat purchases have reached a milestone of 10 million metric tons (mt).