Wheat arrivals in India across various Agriculture Produce Marketing Committee (APMC) yards increased to a 12-year-high during the August-September period, reported Businessline on Wednesday. Wheat arrivals increased by 57 per cent to 2.27 million tonnes (MT) against 1.44 MT during the same period last year.
This comes at a time when wheat stocks with the Food Corporation of India (FCI) have dropped to a six-year low, and are at 24.82 MT.
According to agriculture ministry's data, wheat arrivals are the highest since 2010 when the quantity was 4.38 MT.
Meanwhile, wheat arrivals from April to August are at a three-year