Wheat Stock

Centre imposes stock holding limit on wheat; says no shortage anywhere

The decision to re-impose the stock limit that ended in March 2024 was taken even though wheat production in FY24 is expected to be over 112 million tonnes

Centre imposes stock limit on wheat to curb hoarding, stabilise prices

Centre has imposed a stockholding limit on wheat for retailers, wholesalers, processors and big-chain retailers from Monday, to check the hoarding of the foodgrain and to ensure price stability, a senior official said on Monday. Single retailers, big-chain retailers, processors and wholesalers will disclose wheat stocks every Friday, said Union Food Secretary Sanjeev Chopra in a press briefing here. Chopra stressed that "I want to dispel the shortage of wheat in the country." He also noted that there is no ban on wheat exports as of now and there is no proposal to review a ban on export of sugar. He stated, "We want prices of wheat to be stable." Chopra further informed that the stock limit for wholesalers will be 3,000 tonnes, while it would be 70 per cent of the processing capacity for processors. For big chain retailers it would be 10 tonnes per outlet with an overall limit for 3,000 tonnes and for single retailers it would be 10 tonnes, he informed. Chopra explained that the

Govt orders weekly wheat stocks reporting from April 1 to prevent hoarding

The stock holding limit on wheat is also set to expire on March 31, 2024 after which traders have to give details of their inventories on a regular basis

Climate-resistant wheat sown in almost 85% area this year, says survey

Acreage was around 19 million hectares till last week

Centre imposes stock limits on quantity of wheat to cool down prices

Move comes despite agriculture ministry estimating a record production of the cereal grain this year

Farmers protest against Centre's value cut on broken wheat grains in Punjab

Farmers in Punjab squatted on railway tracks at many places in the state as part of their four-hour 'rail roko' agitation against the value cut announced by the Centre on shrivelled and broken wheat grains due to untimely rains. The protest impacted the movement of many trains and caused inconvenience to passengers. Several farmer bodies including Bharti Kisan Union (Ekta Ugrahan) and BKU (Lakhowal) had announced that they would block rail tracks from 12 noon to 4 pm. Protesters squatted on rail tracks in many places including Ludhiana, Amritsar, Bathinda, Ferozepur, Sangrur, Fazilka, Gurdaspur and Tarn Taran. In some places, the protesting farmers even put up tents on the rail tracks. BKU (Ekta Ugrahan) general secretary Sukhdev Singh Kokrikalan on Tuesday said that farmers restored to the "rail roko" protest against the Centre for imposing the value cut on shrivelled and broken wheat grains for their procurement. He dubbed the government's decision "anti-farmer". In Ferozepur, a

Centre to sell 3 million tonnes of wheat in open market to cool prices

Stock in central pool was 24.4% more than buffer requirement as on January 1; prices at record high of Rs 31-32/kg

Wheat prices hit fresh record high following delay in stock release

According to government estimates, wheat output fell to 106.84 million tonnes in 2022 from 109.59 million tonnes a year earlier

Centre saves subsidy and wheat stocks by making PDS free, ending PMGKAY

If PMGKAY was continued beyond December 2022, at least Rs 40,000 crore would have got spent for three months (Jan to March)

Centre set to offer wheat to millers, biscuit makers to tame prices: Report

Wheat prices have surged in India this year after a sudden rise in temperatures hit crop yields and output

Wheat stocks at six-year low; prices touch fresh high, shows data

Government says stock adequate to meet all PDS and PMGKAY needs

Wheat stockpiles above buffer stock norm as of Oct, says Piyush Goyal

India's stockpile of wheat was above the buffer stock norm at the last scheduled count on October 1 and the next such quarterly review which takes into account seasonal procurement cycle, will be due on January 1. According to a written reply to a question in Rajya Sabha by Food and Consumer Affairs Minister Piyush Goyal, the minimum buffer requirement changes every quarter, peaking on July 1 when procurement of Rabi crop ends. It dips to the lowest on April 1 as accumulated stocks get released for beneficiaries of government schemes ahead of the new crop coming in. As per the reply, India's wheat stock was 227.46 lakh tonnes on October 1, 2022, as compared to the buffer norm of 205.20 lakh tonnes. The stockpile has since dwindled to 190.27 lakh tonnes as on December 1, 2022, primarily due to the release of foodgrain for supply to poor beneficiaries while hardly any procurement was added to the stockpile. At the next count on January 1, the buffer requirement of wheat is 138 lakh

Wheat stocks to fall further by 13% but will be sufficient, says Centre

Wheat stocks in India's government warehouses will fall by about 13% by early next month from current levels but will be sufficient for welfare schemes of the country

Wheat acreage up nearly 10% as rabi sowing nears halfway, shows data

Usually wheat is sown in around 30.5 million hectares of which so far around 15.28 million is already sown

Wheat acreage till Nov 18 up 15% YoY, record open market prices spur sowing

Centre refutes the assertion of artificial shortage of fertilisers in country

Wheat stocks halve from a year ago, inventories marginally higher: Data

Wheat inventories at government-run granaries stood at 22.7 million tonnes on Oct 1

Tracking the fields: Wheat acreage almost 10% more than last year

The government and fertiliser company officials have said nutrient supplies are adequate

Centre asks Bihar to complete construction of wheat, rice silos by Dec

Food Secretary Sudhanshu Pandey has directed Bihar government to complete the construction of wheat and rice silo in Buxar by the end of December. Pandey, who was on a visit to Bhojpur and Buxar districts of Bihar on Wednesday, reviewed the progress of implementation of lifting and distribution of foodgrains under the National Food Security Act and Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), an official statement said. He also reviewed the preparedness of paddy procurement for the upcoming 2022-23 kharif marketing season.

India defends decision to ban rice, wheat exports at WTO meeting

India has defended its decision to ban export of wheat and rice at a WTO meeting even as some member countries have flagged concerns over the country's stand, an official said. At a meeting last week in Geneva, Senegal, the US and the European Union raised questions over this decision, stating it could have adverse implications on global markets. In May, India restricted export of wheat to enhance domestic availability. This month, it also banned export of broken rice and imposed a 20 per cent export duty on non-Basmati rice except for parboiled rice to boost domestic supplies amid a fall in area under paddy crop in the current kharif season. Defending its decision, India clarified that the ban on export of broken rice, which is used in poultry feed, follows a rise in the grain's exports in recent months which put pressure on the domestic market. In the case of wheat, food security concerns necessitated export curbs. India has also stated that the measures are temporary in nature

Enough wheat stock in India; govt to keep check on hoarders: Food Secy

The government on Monday said there is sufficient wheat stock in the country and that it will take action against hoarders, if needed, to boost domestic supply. The Centre may consider steps like asking for disclosure of wheat stocks by traders and imposing stock limits to augment domestic availability. Addressing the 82nd AGM of Roller Flour Millers Federation of India, Food Secretary Sudhanshu Pandey said there is no problem of wheat in the country and the Centre has 24 million tonne of wheat in godowns of state-owned FCI. The secretary pointed out that wheat prices have gone up due to "speculative trading". Pandey said the government's wheat production forecast is around 105 million tonne in rabi season of 2021-22 crop year (July-June) while the trade estimates are 95-98 million tonne. Even if trade estimates are to be believed, Pandey said the production is enough to meet the domestic demand. The country has exported 4.5 million tonne of wheat so far this fiscal year. Out of