Wheat output in Iran to grow by 10 percent in current crop
year, report forecasts

The US Department for Agriculture has forecast that Iran’s
wheat production is expected to increase by 10 percent in the current crop
year.

According to the latest report of the US Department for
Agriculture on global cereal production and trade dubbed “Grain: World Markets
and Trade”, Iran produced 13.2 million tons of wheat in the last crop year and
the production in the current year is expected to experience a 1.3-million-tons
increase.

Meanwhile, world wheat production this year will not grow
significantly compared to the previous year and will reach 789 million tons in
2023 from 788 million tons in the previous year.

Based on the said report, Iran will be the 12th largest
producer of wheat in the world this year. China will be the largest wheat
producer with 140 million tons, while the European Union and India will occupy
the second and third place with 139 million tons and 110 million tons of
production, respectively.

Russia, Canada, Australia, Pakistan, Argentina, Turkey,
Ukraine and England will also be ranked 4th to 11th.

According to the U.S. Department for Agriculture, Iran
imported 4.5 million tons of wheat in the last crop year, and this figure is
expected to decrease to four million tons this year, Tehran Times reported.

The department estimated Iran's wheat reserves at the end of
2022 at 4.4 million tons and predicted that Iran would have the same amount of
wheat reserves at the end of 2023.

Barley production in Iran is also expected to increase by
seven percent in the current crop year to reach 3.2 million tons. Iran produced
three million tons of barley last year.

Based on the report, Iran imported 2.2 million tons of barley
last year, and it is predicted that 2.3 million tons of barley will also be
imported into Iran this year.