Iran Sets Guaranteed Wheat Price for New Agricultural Year After Deliberations
In a move that underscores the government’s focus on agricultural stability, Iran’s Agricultural Products Pricing Council has finalized the guaranteed price for wheat for the new Iranian year (1404), concluding a process marked by extensive discussion.
A Decision After Delay
The council’s meeting, which lasted over two hours, ended a delay of approximately 83 days past the original deadline for setting the crucial price. The session was reportedly characterized by vigorous debate between various stakeholders, reflecting the complex considerations involved in balancing economic factors with the needs of the agricultural sector.
The Final Figures
According to reports, the guaranteed price has been set variably between 27,500 and 29,500 Tomans per kilogram, based on the quality of the wheat. In a complementary measure to support farmers, an additional sum of 625,000 Tomans has been allocated for wheat farmer insurance. This outcome is the result of negotiations between parliamentary representatives and government bodies, all aimed at reaching a consensus that serves the national interest.
Balancing National Interests
The deliberations highlighted the government’s commitment to ensuring both the economic viability for its farmers and the strategic goal of national food security. The final price point is seen as a balanced resolution, achieved through the nation’s established legislative and executive channels, to support a vital sector of the economy.