Last year, wheat production had declined to 106.84 million tonne due to heat wave in key growing states
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Wheat procurement as well as its minimum support price (MSP) to farmers and also number of farmers benefiting from minimum price fell in 2022-23 Rabi marketing season due to prevailing tensions
As of August 16, the government has rice stocks of around 26.35 million tonnes in the Central pool
The wheat stocks in the Central pool have dropped close to the minimum required levels because of lower procurements. What does this mean for the grain's prices and production?
Govt's grain stock reduction is a good development
States raise matter in central government's meeting on food security, say beneficiaries complaining
About 33,000 tonnes of wheat as humanitarian assistance has already been supplied to Afghanistan against the commitment of 50,000 tonne
The supply deal with Russia, the world's biggest wheat exporter, could help Dhaka in meeting its needs below the elevated global prices, industry officials said
The government has procured 18.46 million tonnes of wheat at a MSP value of Rs 37,192.07 crore so far in the ongoing 2022-23 rabi marketing year, benefitting 17.50 lakh farmers, the Food Ministry
Farmers have been holding on to their produce as the price of wheat in the open market recouped some of the losses it suffered in the aftermath of the ban
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Traders say market is still biased towards demand; while this could come as some relief to the farmers, a major price spike in the months ahead seems unlikely
Till May 14, some 18 million tonnes of wheat have been bought for Central pool; that's 51% lower than the procurement during the same period last year
The party also termed the government's decision to ban wheat exports as anti farmer.
According to an official notification, India has banned wheat exports with immediate effect as part of measures to control rising domestic prices
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Sudhanshu Pandey, Secretary, DFPD said that due to higher market prices, a large quantity of wheat was being bought by traders at a higher rate than MSP, which was good for the farmers