Late rains in October and November raised soil moisture levels and helped farmers bring in more area under wheat, the main winter crop, growers said.
Local wheat prices jumped to a record 26,500 rupees ($324.18) a tonne on Thursday, up nearly 27% since the May ban on exports
Mustard is usually sown in 6.4 million hectares, and sowing in almost 4.6 million hectares is complete till Friday
The country's wheat exports more than doubled to USD 1.48 billion during April-September 2022-23 as compared to the year-ago period, the commerce ministry said on Wednesday. The exports stood at USD 630 million in the year-ago period. Though the government banned wheat exports in May, some shipments are allowed to meet food security needs of the countries that request for it. "Wheat export rose to USD 1,487 million in April-September 2022 from USD 630 million in April-September 2021," the ministry said. The global wheat supply has been seriously disrupted because of the Russia-Ukraine war. Both nations are major wheat producers. The ministry also said exports of agricultural and processed food products rose 25 per cent during the six- month period of this fiscal year. The overall export of Agricultural and Processed Food Export Development Authority (APEDA) products increased to USD 13.77 billion in April-September 2022 from USD 11.05 billion in the same period a year ago. For
The rains should aid planting of the rabi crop and also its early growth, mainly in crops such as wheat, mustard and chana
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However, this year, traders and market sources are hopeful that there could be a 10-15 per cent rise in wheat acreage
Wheat has been sown in 54,000 hectare so far in the ongoing rabi (winter) season of the 2022-23 crop year, 59 per cent higher than 34,000 hectare in the year-ago period, according to the agriculture ministry data released on Friday. The sowing of wheat, the main rabi crop, begins in October and harvesting in March-April. Besides, gram and mustard are other major crops grown during the rabi season (July-June). According to the latest sowing data, wheat sowing is underway in Uttar Pradesh, Uttarakhand, Rajasthan and Jammu & Kashmir. About 39,000 hectare was covered under wheat in Uttar Pradesh, 9,000 hectare in Uttarakhand, 2,000 hectare in Rajasthan and 1,000 hectare in Jammu & Kashmir as on October 28, the data showed. Area sown to pulses remained higher at 8.82 lakh hectare so far this rabi season against 5.91 lakh hectare in the year-ago period. Among pulses, the gram was planted in 6.96 lakh hectare against 5.91 lakh hectare a year ago. In the case of oilseeds, about 19.69 .
Flour millers have reportedly told the government that they have stocks for one to two months only
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The government on Tuesday hiked the minimum support price for wheat by Rs 110 to Rs 2,125 per quintal and mustard by Rs 400 to Rs 5,450 per quintal for the current crop year with an aim to boost production and income of the farmers. The decision to increase the MSPs (minimum support prices) was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. MSP is the rate at which the government buys grain from farmers. Currently, the government fixes MSPs for 23 crops grown in both Kharif and rabi seasons. Sowing of rabi (winter) crops begins in October, immediately after the harvest of kharif (summer) crops. Wheat and mustard are major rabi crops. According to an official release, the CCEA has approved an increase in MSPs for six rabi crops for the 2022-23 crop year (July-June) and the 2023-24 marketing season. Wheat MSP has been increased by Rs 110 to Rs 2,125 per quintal for this crop year from Rs 2,015 per quintal in the 2021-2
India has allowed export-oriented units and the firms set up in Special Economic Zones to export flour made from imported wheat, a government order said. Read more on this in our top headlines
India has allowed export-oriented units and the firms set up in Special Economic Zones to export flour made from imported wheat, a government order said
Wheat is usually sown in around 31 million hectares, mostly in the northern belt
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Trade and market sources said wheat prices in wholesale markets of Delhi have risen by around Rs 40 per quintal since September 1
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As of August 16, the government has rice stocks of around 26.35 million tonnes in the Central pool
The decision was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi