Iran Central Organization for Rural Cooperatives has Gained Great Achievements in the crop market regulation

EghtesadOnline: An official of Agriculture-Jihad ministry, by providing a performance report of the rural and agricultural cooperatives, elaborated on the attainments of these cooperatives in the field of agricultural market regulation.

News ID: ۷۴۹۸۷۴

19 April 2020

Hossein Shirzad, who is also the CEO of the Central Organization of the Rural Cooperatives of Iran (CORC), explained the impressive performance of CORC in the market regulating the crops including saffron and tomato.

"In the last crop year (March-September, 2019), CORC has purchased a huge volume of tomato. This was one of the market services CORC had provided growers as a part of the supporting strategy," Shirzad said. He also added that lack of an appropriate national cultivation pattern had misled many farmers to enlarge the tomato farms. However, CORC by adopting appropriate supporting strategy had succeeded to control the price deflation."

Meanwhile, the deputy minister highlights the policies of CORC to support saffron farmers, explaining that hence the majority of Iran saffron is cultivated by the small scale farmers, taking supportive measures to protect farmers against saffron price fall was necessary.

Moreover, Shirzad announced that CORC by adopting new policies and implementing innovation plans on regulating the market of the agricultural staple goods has managed to increase the rate of the agreed purchasing rate by 78% in the above-mentioned time.

"Through adopting an appropriate national policy, CORC afforded to regulate the crop market by selling them in the Iran Mercantile Exchange (IME). This has sustained the livelihood of thousands of farmers accompanied a huge income for agro –cooperatives", the official added.