Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Iran to buy up to 2 million tons of wheat

byCustoms Today Report
20/06/2015
in Latest News
Share on FacebookShare on Twitter

TEHRAN: Iran will buy 1.5-2.0 million metric tons of wheat in the current fiscal year to March 2016, Deputy Agriculture Minister Ali Qanbari said on Saturday.

Better harvest is helping Iran reduce wheat imports which surpassed 6 million tons last year, he said.

You might also like

Pakistan's President Asif Ali Zardari is seen during a meeting with his Turkish counterpart Abdullah Gul (not pictured) in Istanbul November 1, 2011.   REUTERS/Murad Sezer

President Zardari rejects FBR demand for surety bonds before tax refunds

25/05/2026

Petrol pump owners demand end to weekly fuel price changes

25/05/2026

Imports are expected to decline by two-thirds this year, Qanbari said, adding domestic wheat production is estimated to reach 11 million tons.

Iran expects to buy 7.7 million tons of wheat from local producers — 1 million ton more than the total bought a year before.

Qanbari said the country will need 9 million tons of bread making wheat and another 2 million tons for pasta making in the current fiscal year.

“For the 9 million-ton bread making flour, about 7.7 million tons will be bought from local farmers for distribution among bakers and the remaining 2 million tons will be purchased from abroad,” he said.

Iranian wheat growers also keep some of their crop to be utilized for own consumption and seed.

Qanbari named Russia, Kazakhstan, Ukraine, Germany, Australia and Canada as the countries from which Iran will buy wheat.

The government has so far bought 3 million metric tons of wheat from local farmers since the start of the crop year.

Iran is one of the world’s biggest importers of milling wheat. The country experienced a short period of self-sufficiency a couple of years ago, but reclined back to its old trend in the face of a protracted drought.

Agriculture Minister Mahmoud Hojjati says the government plans to shrink wheat farms by 900,000 hectares over a period of 10 years and dedicate them to canola harvest which is less water intensive.

Related Stories

Pakistan's President Asif Ali Zardari is seen during a meeting with his Turkish counterpart Abdullah Gul (not pictured) in Istanbul November 1, 2011.   REUTERS/Murad Sezer

President Zardari rejects FBR demand for surety bonds before tax refunds

byCT Report
25/05/2026

ISLAMABAD: President Asif Ali Zardari has dismissed a representation filed by the Federal Board of Revenue (FBR) against the Federal...

Petrol pump owners demand end to weekly fuel price changes

byCT Report
25/05/2026

LAHORE: The All Pakistan Petrol Pump Owners Association has expressed strong reservations about the existing mechanism for determining petroleum product...

LCCI President Faheem Sehgal seeks extension in business hours

byCT Report
25/05/2026

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) has called on the government to continue relaxed business hours beyond June...

FBR revises customs values for textile lining imports from China

byCT Report
25/05/2026

KARACHI: The Federal Board of Revenue (FBR) has revised customs values for the import of textile lining and invisible coated...

Next Post

Turkish Stream pipeline to help Greece service its debt: Putin

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.