The Centre has extended the wheat industry’s stock disclosure requirement beyond March 31.

“The Department of Food and Public Distribution directs traders, wholesalers, retailers, big chain retailers, and processors in all states and union territories to declare their stock position on the portal beginning April 1, 2024, and continuing every Friday until further orders,” according to the order issued by the Department of Food and Public Distribution on…

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The government has set a modest aim of 30-32 million tons of wheat procurement for the 2024–2025 season

According to the food ministry, the government has set a cautious objective for the purchase of wheat during the 2024–25 rabi marketing season, which is in the region of 30-32 million tons. Despite the Ministry of Agriculture’s hopes for a record wheat production of 114–115 million tonnes in the 2023–24 crop year (July–June), the lower…

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wheat

The government tightens wheat stock regulations in order to increase supply holding limits

The government on Thursday cut in half the maximum amount of wheat that traders, wholesalers, large retailers, and processors could store in stock while extending the restrictions until March 31, 2024, in an effort to increase wheat supplies and discourage hoarding. Up until the end of the current fiscal year, stock holding limits for wheat…

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As record prices encourage additional sowing, a bumper wheat harvest is anticipated in 2023

High domestic pricing and restored soil moisture are projected to help farmers surpass last year’s planting in 2023, but an extreme heat wave this year may reduce production. Increased wheat production might persuade India, the second-largest producer of grain in the world, to reconsider easing a May export ban. While wheat production has nearly plateaued…

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