Wheat production may be over 115 million tonnes (mt) this year, exceeding the government’s second advance estimates of 112.02 mt and also the target of 114 mt due to 4-5 per cent rise in yield. However, the government has not been able to procure wheat from States other than Punjab and Haryana per plan after … Read more
Wheat procurement in the country reached 119.26 lakh tonnes (lt) until April 23, against 159.23 lt year-ago, official data show. Though there is a drop in Punjab, as much as 31.64 lt was bought in last six days from April 19 for the Central Pool stock, which indicates that the procurement is back on track. … Read more
US Trade Representative Katherine Tai has highlighted sorting out WTO disputes with India as a win for the agriculture and rural communities in her testimony before the Senate Committee on Finance on President Joe Biden’s 2024 Trade Policy Agenda where some concerns were raised on India’s wheat subsidies allegedly hurting American farmers. Also read: India, … Read more
The Indian Institute of Wheat and Barley Research (IIWBR) has said farmers of Uttar Pradesh, Rajasthan, Uttarakhand, Haryana and Punjab should ensure proper moisture content for the wheat crop as harvesting will peak after April 10. The Indian Meteorological Department has already predicted a harsher summer in the April-June period. IIWBR said that farmers of … Read more
Conducive weather conditions in both India and Pakistan are helping them to achieve record wheat output this year, but India is better prepared than the neighbour to handle climate change impact as it has developed many indigenous heat-resistant and short-duration seed varieties, according to agri-scientists. Also read: Pakistan to ‘seriously’ consider restoring trade ties with … Read more
Wheat procurement by the Indian Government through the Food Corporation of India (FCI) has jumped 32 per cent within the first three days of April. The rise does not include the quantity bought last month. Though the procurement normally begins on April 1, the Government began the purchase early this year and as a result … Read more
The Centre has decided not to extend stock limit on wheat after it expires on March 31 while continuing the mandatory weekly stock declaration from April 1, so that it keeps a tab on who is buying how much. However, traders and stockists are apprehensive of re-imposition of stock limit at any time depending on … Read more
The Indian government has indicated that it is ready with the open market sale scheme (OMSS) policy for the next fiscal in an apparent move to keep private traders off the wheat market and allow official procurement to meet the target of 37.3 million tonnes (mt). Wheat is likely to be sold at a minimum … Read more
The Food Ministry has reportedly come up with an aggressive plan to procure about 37.3 million tonnes (mt) of wheat this year as the Centre’s buffer stock, maintained by the Food Corporation of India (FCI), may drop below the mandatory norm of 7.66 million tonnes (mt) by April 1. This will be for the first … Read more
Union Minister Piyush Goyal on Friday alleged that the Punjab government is diverting wheat stocks, supplied by the Centre for distribution to poor families, to private mills. Also read: Haryana, Rajasthan and Punjab farmers expect higher wheat yield this year Goyal, who handles the consumer affairs portfolio, also said the Mamata Banerjee-led West Bengal government … Read more