By John Lee.
Iran expects to be self-sufficient in wheat in the coming Iranian year, and has banned state imports of wheat.
Deputy Agriculture Minister Abdol-Mahdi Bakhshandeh told Mizan Online news agency:
“Strategic wheat stocks are in very good conditions and we have reserves for more than six months …
“What is needed for human consumption has been purchased and is available.”
Iran will buy nine million tonnes of wheat from its farmers in the next harvest year, up from the 8.1 million tonnes purchased last year, as ‘satisfactory rainfall’ produces a better harvest.
Ali Qanbari, head of the Government Trading Corporation (GTC), has said his company planned to export 300,000 metric tons of surplus durum wheat.