Iran pays off $3bn debt to domestic wheat farmers
| 20/November/2023 | 15:07
In its latest report on the situation of grain production in the world, the department said Iran produced over 14 million tons of wheat in the 2023 Crop Year, showing an 800,000-ton hike compared to the same period last year.
Iran’s wheat production in 2023 registered a six percent growth compared to last year’s corresponding period, the report added.
Iran had produced 13.2 million tons of wheat in 2022.
In 2023 countries in the world produced 782 million tons of wheat in total, indicating a seven million tons slump compared to a year earlier.
China became the world’s biggest wheat producer in 2023, producing more than 137 million tons of wheat in this period, followed by the European Union and India. / Tasnim