Page 7 - Wheat

Nearly 80% of new wheat arrivals in mandis so far of inferior quality

With the weather likely to improve in the days to come, the moisture content in wheat is expected to go down, helping the crop fetch a better price

After wet March, IMD predicts drier April for wheat growing northern India

No abnormal heatwaves are expected; El Nino to hit around June-Sept

Marginal impact of untimely rains on wheat crop, say top officials

FCI says on track to achieve FY24 procurement target; no lifting of export ban

Approximately 11,000 MT of wheat procured in current Rabi season: FCI chief

Procurement of wheat for Rabi marketing season 2023-24 has been to the tune of 10,727 metric tonnes till March 27 as compared to nil procurement last year.

29% uptick in Madhya Pradesh farmers registering to sell wheat at MSP

Among other major wheat producers, procurement in Punjab is targeted at 13.2 mt, Haryana at 17.5 mt, and UP at 3.5 mt

Export ban on wheat to continue; record output likely: FCI CMD

Wheat production will not be affected due to recent rains, confident of achieving the output target, he added

How wheat prices moved after FCI began liquidating stocks via open tenders

Millers see CPI inflation for atta reducing more sharply going ahead, as prices have already started softening at the mill gate

Millers see bumper wheat crop in FY24, but prices to stay around MSP

In 2021-22, the Centre first estimated wheat production at 111.32 million tonnes, which was scaled down to 107.74 million tonnes owing to bad weather

India should keep lid on wheat exports to replenish local stocks: Millers

India should keep lid on wheat exports to replenish local stocks, flour millers say

FCI sells 491,000 tonnes wheat for Rs 2214.32 per quintal in 6th e-auction

Till fifth e-auction, 28.86 LMT wheat stock has been sold against which 23.30 LMT has been lifted as on March 14, 2023

Too early to speak on impact of high temp on wheat crop: Agriculture Min

Union Agriculture Minister Narendra Singh Tomar on Tuesday said there has not been any effect seen so far on wheat crop due to high temperatures and it will be too early to say about the likely impact. On whether there has been any adverse impact seen in wheat crop as harvesting has started in some states like Madhya Pradesh, Tomar said, "Weather-related challenges are always there in front of agriculture." "Lekin main samjhta hoon ki abhi koi aisi stithi nahi hai. Koi prabhav pada hai, aisa kahna jaldbazi hogi (But I think, there is no such situation as of now. It will be too early to say that there has been any impact)," the minister told reporters here. Tomar was speaking on the sidelines of an event organised here by Plant Based Food Industry Association (PBFIA). Wheat is a major rabi (winter-sown) crop. On February 20, the government formed a committee to monitor the situation arising out of any unusual rise in temperature and its impact on the wheat crop, and also to issue .

India exports wheat worth Rs 11,728 cr during Apr-Jan of this fiscal: Govt

The country has exported wheat worth Rs 11,728.36 crore during the April-January period of this fiscal year, the government said on Tuesday. In May last year, the government had banned exports of wheat to boost domestic availability and control prices In a written reply to Lok Sabha, Union Agriculture Minister Narendra Singh Tomar said, "At present, there is no proposal for lifting restriction on export of wheat before the Department of Agriculture and Farmers Welfare". "During the current fiscal year (up to January 2023), Rs 11,728.36 crore worth of wheat has been exported," he added. Although the export was banned, the government had said wheat export will be allowed in case of shipments where the Irrevocable Letter Of Credit (ILOC) has been issued on or before May 13. Tomar said, as per second advance estimates for the agriculture year 2022-23, the wheat production in the country is estimated at 112.18 million tonnes which is higher by 4.44 million tonnes than the production ..

Max temperatures may rise 2-3 degrees Celsius in North India in 3 days: IMD

Similar forecast for central India; another round of hailstorms and thunderstorms could hit parts of North, Central and western India mid-March; little impact seen on standing wheat crop

India to send 20,000 MT of wheat to Afghanistan via Iran's Chabahar port

India and five central Asian countries on Tuesday asserted that Afghanistan's soil must not be used for any terrorist activities and called for formation of a "truly inclusive" political structure in Kabul that respects rights of all Afghans including women and minorities. At the first meeting of the India-Central Asia joint working group on Afghanistan, New Delhi also announced a fresh tranche of assistance of 20,000 metric tonnes of wheat to Afghanistan and the consignments will be sent through the Chabahar Port in Iran. The situation in the war-ravaged country came up for extensive deliberations at the first meeting of the India-Central Asia joint working group on Afghanistan that took place in Delhi. A joint statement said the meeting emphasized the importance of formation of a "truly inclusive and representative political structure" that respects the rights of all Afghans and ensures equal rights of women, girls and members of minority groups, including access to education. In

Holi sweets to taste even sweeter as atta, maida, sooji rates soften 10-14%

Wheat prices have slumped from their record high of about Rs 3,200 per quintal in mid-January to about Rs 2,200 a quintal

India's wheat output dented by heatwave, could limit govt stock building

The reduction in production amid a drop in inventories to the lowest level in 6 years may force the world's second biggest producer of the grain to allow imports after banning exports last year

High temperature unlikely to damage wheat crops: Food Secy Sanjeev Chopra

Union Food Secretary Sanjeev Chopra asserted that wheat crops are unlikely to get damaged although temperatures are little bit on higher side and exuded confidence of achieving a record output of 112 million tonne in this crop year ending June. The secretary said the ban on wheat exports would continue, boosting the availability of grains for the government procurement. He said the government would procure around 35 million tonne of wheat in 2023-24 marketing year (April-March). The bulk of procurement of wheat, a major rabi crop, takes place between April and June. Chopra said wheat prices have come down and would ease further after the arrival of new crop. "(On Wednesday), we had a meeting with state food secretaries, which was followed by a meeting with state food ministers. And what we have discovered in the meeting is that the food scenario in the country is very, very comfortable," Chopra said on the sidelines of an event on Thursday evening. The weather department made a

Centre fixes wheat procurement target at 34.15 million tonnes for 2023-24

The government has fixed a wheat procurement target of 34.15 million tonnes for the 2023-24 marketing year starting April, higher than 18.79 million tonnes purchased in the previous year. The target was fixed in the meeting of state food secretaries held alongside state food ministers' conference here to discuss procurement arrangements. The meeting was chaired by Food Secretary Sanjeev Chopra. Out of the total wheat procurement target for the 2022-23 marketing year (April-March), Punjab will aim to procure 2.5 million tonnes wheat, Haryana 1.5 million tonnes and Madhya Pradrsh 2 million tonnes, the food ministry said in a statement. Wheat procurement had declined last year due to a fall in domestic production and higher exports. However, the government has projected a record wheat production at 112.18 million tonnes in the 2023-24 crop year (July-June) as per the second estimate of the agriculture ministry. Besides wheat, the government has also fixed rabi (winter) rice procureme

Govt says wheat crop condition 'normal' so far; plans to procure 34.1 mt

Sources said that the target is flexible and will depend on the quantum of wheat that arrives in the mandis

FCI sells 540,000 tonnes of wheat under OMSS in 4th round of auction

State-run Food Corporation of India (FCI) sold 5.40 lakh tonnes of wheat to bulk consumers like flour millers in the fourth round of e-auction held on Wednesday. In the previous three rounds, about 18.05 lakh tonnes of wheat was sold under the Open Market Sale Scheme (OMSS) to bulk users as part of steps to cool down retail prices of the foodgrain and wheat flour. The next weekly e-auction will be held on March 8. "Total quantity of 11.57 lakh tonne wheat was offered and 5.40 lakh tonne wheat has been sold to 1,049 bidders in 23 states," an official statement said. Wheat was sold at an all-India weighted average reserve price of Rs 2,137.04 per quintal during the 4th auction. Maximum demand was for wheat quantities in the range of 100 to 499 tonnes, it added "The overall price quoted during the auctions suggests that the market has cooled down and is below Rs 2,200 per quintal on average," the statement noted Till February-end, about 14.35 lakh tonne wheat was lifted by bidders.