The deputy minister of trade and head of the Iranian state trading company, Khamid Alikhani, said in an interview to ‘Mouj’ that this year Iran will cover its domestic demand for wheat and will export over 670,000 tons, Iran News reports.
According to Alikhani, the wheat production this year is unprecedented, exceeding 12 million tons.
The state trading company has already purchased 10.3 million tons of surplus wheat from farmers and this should reach 11 million tons in the near future.
Khamid Alikhani said that wheat consumption in Iran should not exceed 9-9.5 million tons annually. The surplus will be exported to India, Oman and the UAE. Iranian wheat was being sold for $168-215 per ton.
