The guaranteed purchase price of spring and autumn sugar beet was announced in Iran

Published 2021년 2월 15일

Tridge summary

The article reports that the Specialized Council for Pricing of Agricultural Products in Iran, led by the Minister of Jihad Agriculture, has set the guaranteed purchase price for spring and autumn sugar beets. The price per kilo is 1247 Tomans and 1204 Tomans respectively. Due to time constraints, the State Trading Company of Iran has been appointed to manage the purchase of oilseeds, but the guaranteed purchase price has not been approved yet. The Law on Guaranteed Purchase of Agricultural Products, enacted in 1989, requires the government to buy basic agricultural products to support production and prevent waste. The Ministry of Agriculture determines the purchase price, which should never increase at a rate less than the inflation rate. This year, a specialized pricing council has been set up to price the guaranteed purchase of agricultural products.

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Original content

According to ISNA, today (Monday) the second meeting of the Specialized Council for Pricing of Agricultural Products was held under the chairmanship of the Minister of Jihad Agriculture, during which the guaranteed purchase price of spring sugar beet was 1247 Tomans per kilo and the price of autumn sugar beet was 1204 Tomans per kilo. Also, due to the lack of time to determine the manager for the guaranteed purchase of oilseeds, the State Trading Company of Iran was appointed as the manager for the purchase of oilseeds, but the approval of the guaranteed purchase price of oilseeds was postponed to the next meeting of the council. According to the Law on Guaranteed Purchase of Agricultural Products approved in 1989, the government is obliged to purchase basic agricultural products (wheat, rice, barley, corn) every year in order to support the production of basic agricultural products and create a balance in the production system and prevent waste of these products and losses to ...

Source: Isna