Centre's wheat procurement to be normal next season: FCI chairman

According to FCI data, the corporation has so far managed to sell roughly 1.8 mt of wheat, of the earmarked 3 mt, in the first three auctions that are about 60 per cent of the allocated quantity

The Food Corporation of India (FCI) said that wheat procurement in the season that starts from the middle of March will be normal at around 30-40 million tonnes (mt) and that crop condition is normal, notwithstanding threat from rising temperatures, its Chairman and Managing Director Ashok K K Meena said on Thursday at a press conference.

“Area sown to wheat is higher than last year. The current condition of the wheat crop is very good. Our procurement should be normal at 30-40 mt in 2023-24,” said Meena.

Wheat procurement had declined last year due to a fall in domestic production