Traders and industry executives said it will be difficult to restock the depleted government granaries given the record-high wheat prices, which are currently nearly 50% higher than the minimum support price (MSP) of Rs 2,125 per quintal for the current 2022–23 rabi selling season. After Baisakhi, the pace of harvesting the new wheat crop will…
After the Central government banned exports on May 13 of last year, at least 1.75 lakh tonnes of wheat that had been stored in warehouses near various ports around the nation were sold on the local market. After reaching record highs, wheat prices have since fallen. “After the government forbade exports last year, at least…
Farmers and other stakeholders are expecting a weather-neutral harvest as the wheat acreage for this rabi season narrows its gain over the corresponding period last year. Three weeks should pass before the first crop is ready for market, and the favorable weather thus far has raised expectations for a sizable production. The area planted with…
The 67,363.62 tonnes of wheat that the Haryana State Cooperative Supply and Marketing Federation (HAFED) commercially purchased from Haryana and Madhya Pradesh during the previous harvesting season (April–June) are now up for sale. It will this time be offered for sale online. The NCDEX e Markets (‘NeML’), Star Agribazaar Technology (‘Agribazaar’), and E Tech Innovative…
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…
The farmer in Madhya Pradesh harvested a soyabean crop from his 10 acres of land in this Kharif season that amounted to about 55 quintals. Nearly 20 quintals, at an average cost of Rs 5,400 each, have been sold by him thus far in the open market. Selling oilseeds earned him close to Rs 6,500…
The Government stated that the stock positions of wheat and rice are at favorable levels on Wednesday. In April, the level will exceed the buffer stock ceilings. However, compared to last month, the wholesale cost of wheat and rice is somewhat higher this month. As of November 15, according to Union Food Secretary Sanjeev Chopra,…
Due to an early start in Rajasthan and Uttar Pradesh, wheat sowing has increased by 10% as of Friday during the current rabi season. By the end of the month, the area under the cereal crop will show how much wheat will be produced, as planting in December would certainly damage the crop yield if…
As more farmers plan to plant the cereal in light of a bullish market, prices of wheat seeds have jumped by more than 10% this year. When compared to the previous year, wheat seeds are selling for over $3,500 per quintal. Breeder seeds purchased from universities cost about 7,000 rupees, according to Sunil Mukhati, a…
Wheat, rice, and mustard, three important rabi crops, continued to be sown early by farmers as their coverage increased as of Friday, according to data from the Ministry of Agriculture. In contrast, the area planted with coarse cereals, particularly maize, green gram (moong), and groundnut, lagged behind. The area planted with all rabi crops has…
