Prices are heading for a record weekly gain of about 40%
India's wheat exports are likely to surge with a flurry of enquiries from buyers seeking alternatives to Black Sea shipments as Russia Ukraine war threatens to disrupt supplies from 2 major producers
The shipment was part of the commitment made by the government of India to supply 50,000 metric tonnes of wheat for the people of Afghanistan
Grain exports from Russia will probably be on hold for at least the next couple of weeks
This is 2.44% more than the purchases made during the current season; Punjab will contribute the maximum, at 13.2 million tonnes
Wheat and soybeans hit highest since 2012; corn jumps to eight-month peak
Ukraine and Russia account for about a quarter of the global trade in wheat, a fifth of corn sales, and 80% of worldwide sunflower oil exports.
India is likely to send on Tuesday its first shipment of 10,000 tonnes of wheat to the people of Afghanistan through Pakistani land routes after months of negotiations with Islamabad.
Top US lawmakers have urged the Joe Biden administration to initiate a litigation process at WTO against India subsidising its farmers over half of the value of production for wheat.
In volume terms, wheat exports during the said period rose by more than 527 per cent to 3.2 Million Tonnes (MT)
Syrian agriculture officials and farmers have been complaining that the wheat seeds, recently provided by the US,contain a high degree of nematode (plant-parasitic worm) infection
Rabi sowing begins from October while harvesting starts from March onwards
Amidst a dire humanitarian situation in Afghanistan, the UN World Food Programme (WFP) is in discussions with India for donating wheat to the war-torn country which is now under the control of Taliban
2021 exports seen at 4.2-4.4 mn tonnes vs 1.1 mn tonnes a yr ago * Asian buyers prefer Indian wheat due to lower freight
The government has procured record 43.33 million tonne of wheat in the 2021-22 rabi marketing season, the Food Ministry said on Monday. Wheat marketing season is from April to March, but bulk of procurement is normally done in the first 3-4 months. The previous record was 38.99 million tonne (MT) in the 2020-21 rabi marketing season. "Hitting an all-time high, 43.33 million tonne of wheat has been procured from most of the wheat procuring states after conclusion of current marketing season 2021-22," the ministry said in a release. About 49.15 lakh farmers have already benefitted from the current procurement operations with an MSP (minimum support price) value of Rs 85,581.39 crore, it said. However, procurement of paddy grown in the kharif season of 2020-21 is still continuing. Kharif paddy is procured between October and September. The ministry said paddy buying is continuing smoothly and so far 86.98 million tonne of paddy has been purchased as against 75.92 million tonne in th
The Centre on Wednesday said it has procured a record 418.47 lakh tonnes of wheat so far in the current marketing year that started in April, costing exchequer Rs 82,648 crore. The record procurement of wheat has been achieved amid farmers' protests at Delhi borders since late November 2020. Farmer unions are demanding a repeal of three new farm laws and a legal guarantee of the Minimum Support Price (MSP). The Rabi marketing season (RMS) 2021-22 runs from April to March but the bulk of the procurement gets completed by June. "Procurement of Wheat in ongoing RMS 2021-22 is continuing smoothly in the procuring states of Uttar Pradesh, Bihar, Rajasthan, Gujarat, Himachal Pradesh and Jammu & Kashmir at MSP, as was done in previous seasons," an official statement said. Till June 8, the government has purchased 418.47 lakh tonnes of wheat as against 373.22 lakh tonnes in the corresponding period of the previous year. "About 46 lakh farmers have already been benefitted from the ongoing
Parle-G, set up in 1929, operates in the biscuits, snacks, and confectioneries categories.
Himachal Pradesh government has procured a record 1,00,657 quintals of wheat during the ongoing rabi marketing season which started on April 15
Over 125 lakh metric tonne wheat has been procured in Punjab so far in the ongoing rabi marketing season
India's foodgrain production is estimated to rise 2 per cent in 2020-21 crop year to an all-time high of 303.34 million tonnes