Iran’s Minister of Agriculture, Gholamreza Nouri, announced that—following a decision by the heads of government—the required foreign currency for importing livestock feed has been fully secured until the end of the year. Suppliers can now request preferential-rate currency by registering their imported goods with state-owned companies affiliated with the ministry.
Nouri emphasized that there will be no shortages in livestock feed supply and that importers can quickly access the allocated currency upon delivering their goods at entry points.
He also highlighted a significant improvement in the agricultural sector: last year’s negative growth of –2.4% has shifted to +3.2%, marking a 5.6% increase and raising agriculture’s share of GDP by one percentage point.
Additionally, the government has raised the guaranteed purchase price of wheat by 40% as part of its support policies. He noted policy stability over the past year, with no customs closures or sudden regulatory changes affecting agricultural exports.
The ministry has also adopted an equity-focused approach, renewing and issuing permits for semi-industrial and rural livestock farms. This year, distribution of livestock feed has risen by 20%, and the penetration rate of subsidized feed has increased by 22%.
