Business Standard

Wheat procurement at record 37.85 mt

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Press Trust Of India New Delhi

Buoyed by record production of wheat in the country, government's procurement of the key staple food rose by 36 per cent to a record 37.85 million tonnes (mt) in the current marketing season so far.

The government had purchased 27.85 mt of wheat in the 2011-12 wheat marketing season (April-March). Wheat purchase in this season has surpassed government's target of 32 mt.

As per official data, wheat procurement as on July 3 was 37.85 mt and the arrivals stood at 40.13 mt.

Punjab and Haryana have procured nearly 12.83 mt and 8.66 mt of wheat, respectively, in the current season.

 

Wheat purchase in Madhya Pradesh stood at 8.49 mt, while in Uttar Pradesh it was 5.02 mt. Wheat output in India, is estimated at a record 90.23 mt in the 2011-12 crop year (July-June). The minimum support price of wheat stands at Rs 1,285 per quintal.

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First Published: Jul 04 2012 | 12:45 AM IST

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