Wheat procurement by the Indian Authorities by the Meals Company of India (FCI) has jumped 32 per cent inside the first three days of April. The rise doesn’t embody the amount purchased final month. Although the procurement usually begins on April 1, the Authorities started the acquisition early this yr and in consequence purchased 0.26 … Read more
Union Minister Piyush Goyal on Friday alleged that the Punjab authorities is diverting wheat shares, provided by the Centre for distribution to poor households, to personal mills. Additionally learn: Haryana, Rajasthan and Punjab farmers count on increased wheat yield this yr Goyal, who handles the buyer affairs portfolio, additionally stated the Mamata Banerjee-led West Bengal … Read more
Wheat procurement by the Meals Company of India (FCI) is but to begin because of low arrival of the crop out there following latest rains which delayed the harvest. Now that Madhya Pradesh and Rajasthan each have declared bonus over and above the MSP, the focus of merchants and stockists will transfer to Uttar Pradesh … Read more
The wheat crop, which has been estimated at a file 112.02 million tonnes by the federal government, could also be spared by nature this time easing considerations of all stakeholders after India Meteorological Division (IMD) on Friday predicted regular to beneath regular most temperature in March. Presently, all are watching India’s wheat crop intently as … Read more
The Indian authorities on Thursday estimated document output of its wheat, mustard crops however has estimated a drop in its rice manufacturing, a transparent indication of the El Nino affect on kharif and rabi crops. The Ministry of Agriculture and Farmers’ Welfare, in its second advance estimates for main crops for the 2023-24 season (July-June), … Read more
The common value of wheat within the Meals Company of India (FCI) e-auction on Wednesday dominated flat although the offtake elevated to 96 per cent from 94 per cent the earlier week, which signifies demand will stay sturdy till the subsequent crop begins arriving round mid-March. To date, the federal government has bought 8.004 million … Read more
With 4.25 lakh tonnes (lt) of wheat bought in Wednesday’s public sale by the Meals Company of India (FCI), the Indian authorities has up to now bought 75.26 lt because it began promoting wheat to reinforce open market availability from June 28. Of the 4.5 lt provided within the weekly public sale held on January … Read more
The wheat crop could come beneath menace from the predictions of upper temperatures earlier than harvest. A probable above-normal temperature in February-March will seemingly decrease the yield relying on the resistance capability of every selection and the precise improve from the traditional degree. Preliminary knowledge counsel an increase within the most temperature from the traditional … Read more
The federal government has no plans to import wheat and sugar as there may be sufficient availability domestically, Commerce & Business Minister Piyush Goyal has mentioned. The Minister additionally mentioned that the Centre was not contemplating any proposal, as of now, to take away the export ban on wheat, rice and sugar. “Wheat manufacturing is … Read more
The Meals Ministry is banking on the suggestions of the Agriculture Ministry that’s optimistic of a file wheat manufacturing this 12 months to replenish its official reserves. Often called buffer shares, official reserves will seemingly be the bottom within the final 16 years however across the necessary buffer norm as of April 1. “We … Read more