India is expected to experience above-average temperatures during the winter season, raising concerns about the yields of crops like wheat and rapeseed. The India Meteorological Department predicts above-normal minimum and maximum temperatures from December to February, with fewer “cold wave days. ” Winter-sown crops like wheat, rapeseed, and chickpea require cold weather for optimal growth…
India’s wheat prices have risen during the festival season, despite curbs on traders and processors. New Delhi recently reduced the limit of wheat stocks traders and millers can hold to boost availability and moderate prices. However, these measures have not reduced prices, which are currently trading at 28,416 rupees ($339.53) per metric ton in New…
In the next few days, government agencies are expected to acquire more wheat than they did the previous year 262 lakh tonnes as of Saturday. As of now, purchases have reached about 261 lakh tonnes. The total is anticipated to not meet the initial estimate of 300–310 lakh tonnes. Madhya Pradesh has extended its procurement…
India’s wheat production is expected to reach 106 million tonnes in the 2023-24 crop year, up by 3% from the previous year, according to a trade association poll. This is in contrast to the government’s forecast of a record 112 MT, indicating that the market expects the output to be 5% lower than the government’s…
The food ministry has selected 59 crucial districts across three states to strengthen MSP procurement operations. More farmers have registered for the wheat procurement drive this season, totaling over 0.36 million. The government’s wheat procurement push began last month to support inventories that had fallen to a 16-year low. Government agencies have acquired 0.6 MT…
