Don’t miss the latest developments in business and finance.

Wheat Yields

The government on Friday said wheat production loss due to recent inclement weather is likely to be in the range of 1-2 million tonnes but overall production will reach a record 112.2 million tonne in the current year on higher acreage and yield. The government's wheat procurement at minimum support price (MSP) is underway and about 7 lakh tonnes have been purchased so far, higher than 2 lakh tonnes in the year-ago period. The Centre also asked roller flour millers to directly procure from farmers to meet their requirements instead of seeking stock from state-owned FCI under Open Market Sale Scheme. The government also ruled out the industry's demand to lift the ban on the export of wheat products considering the bumper output. Releasing a private wheat crop estimate at an event organised by the Roller Flour Millers' Federation of India, Subodh Kumar Singh, Additional Secretary in the Food Ministry said there was a difference in wheat production projected by the government and ...

Updated On: 07 Apr 2023 | 5:36 PM IST

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

Updated On: 17 Mar 2023 | 9:03 AM IST

The hot temperature if persists in March may not only reduce the wheat crop yield but also heat up the commodity prices, said CRISIL.

Updated On: 22 Feb 2023 | 5:25 PM IST

The government on Monday said it has set up a committee to monitor the impact of rise in temperature on the wheat crop. The move comes amid a forecast by the National Crop Forecast Centre (NCFC) that maximum temperature in major wheat producing areas barring Madhya Pradesh was higher-than-average of the last seven years during the first week of February. Even the Met Department has projected above-normal temperature in Gujarat, Jammu, Himachal Pradesh and Uttarakhand, in next two days. Speaking to reporters, Agriculture Secretary Manoj Ahuja said, "We have set up a committee to monitor the situation arising due to increase in temperature on the wheat crop." The committee will issue advisories to farmers on adopting micro irrigation, he said. The committee, to be headed by the Agriculture Commissioner, will also have members from Karnal-based Wheat Research Institute and representatives from major wheat growing states, he added. The Secretary, however, said there won't be an impac

Updated On: 20 Feb 2023 | 3:00 PM IST

Agriculture Secretary Manoj Ahuja on Thursday said there is a bright prospect of wheat crop in key growing states as the current temperature remains conducive for plant growth and higher yield. Till last week, there was a 3 per cent increase in wheat acreage at 286.5 lakh hectares in the ongoing rabi season that began in October, according to the agriculture ministry's data. "Wheat crop prospect is bright. The current weather remains conducive for the plant growth and better yields," Ahuja told PTI on the sidelines of a millet luncheon organised by the Union Agriculture Minister at his residence ahead of the 2023 International Year of Millets. Better weather conditions and higher area under the crop are expected to lead to higher production in the 2022-23 crop year (July-June), he said. Like last year, there have been no reports of extreme temperatures from wheat-growing states so far. This augurs well for the crop prospects, he added. Farmers have brought more area under the whea

Updated On: 22 Dec 2022 | 6:25 PM IST

Wheat acreage has increased 3 per cent so far in the ongoing rabi season at 286.5 lakh hectare mainly on higher sowing area in Madhya Pradesh and Uttar Pradesh, the government data showed. The area under coverage for wheat, which is the major crop in rabi (winter-sown) season, stood at 278.25 lakh hectare in the same period last year. Sowing of rabi crops starts from October. Higher area under wheat has been reported mainly from Madhya Pradesh, Uttar Pradesh, Rajasthan, Chhattisgarh, Gujarat, West Bengal, Jharkhand and Karnataka. Acreage is down so far in Maharashtra and Haryana. Increase in wheat sowing area may lead to higher production provided the weather remains conducive for growth of this crop. The domestic production of wheat fell to 106.84 million tonne in 2021-22 crop year (July-June) from 109.59 million tonne in the previous year due to heat wave in some of the producing states. In May this year, the government banned exports of wheat to boost domestic supplies and cont

Updated On: 16 Dec 2022 | 5:29 PM IST

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

Updated On: 15 Dec 2022 | 2:29 PM IST

Centre refutes the assertion of artificial shortage of fertilisers in country

Updated On: 18 Nov 2022 | 11:33 PM IST

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

Updated On: 11 Nov 2022 | 10:16 PM IST

The state wants to encourage farmers for crop diversification and go for wheat, gram, and peas in this season

Updated On: 10 Nov 2022 | 10:31 PM IST

Trade and market sources said wheat prices in wholesale markets of Delhi have risen by around Rs 40 per quintal since September 1

Updated On: 28 Sep 2022 | 12:06 AM IST

A victim of supply chain disruption is food. Even as the world looks towards India to fill the void created by the Russia-Ukraine war, a drop in paddy acreage is threatening to make the matter worse

Updated On: 25 Aug 2022 | 7:00 AM IST

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?

Updated On: 18 Jul 2022 | 11:11 PM IST

The agency said the hiccups in the recovery of the contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth in the quarter

Updated On: 24 May 2022 | 12:44 AM IST

Egypt's government has agreed to buy half a million tonnes of wheat from India, Egyptian Supply Minister Aly Moselhy said on Sunday.

Updated On: 15 May 2022 | 7:42 PM IST

If the Chinese harvest is bad in the coming weeks, it could drive food prices up further, compounding hunger and poverty in the world's poorest countries

Updated On: 13 May 2022 | 9:49 AM IST

India is the only major supplier of wheat at this time of year, and its exports of the grain have surged since Russia invaded Ukraine in late February

Updated On: 10 May 2022 | 10:58 PM IST

WFP on Wednesday started a visit to Punjab to understand the process of procurement, testing and transportation of wheat to Afghanistan

Updated On: 04 May 2022 | 2:46 PM IST

Cashing in on a rally in global wheat prices after Russia invaded Ukraine, India exported a record 7.85 million tonnes in the fiscal year to March - up 275% from the previous year

Updated On: 03 May 2022 | 7:14 AM IST

That's spurring estimates that yields have slumped 10% to 50% this season, according to almost two dozen farmers and local government officials surveyed by Bloomberg

Updated On: 02 May 2022 | 3:54 PM IST