Page 2 - Wheat Prices

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

India considering measures to cool high wheat prices: Govt official

India has been considering measures to cool domestic wheat prices, which jumped to a record high this week as supplies dwindled, Food Secretary Sanjeev Chopra said on Thursday

Wheat sowing up 1.40% to 33.7 mn hectare so far in ongoing rabi season

Last year, wheat production had declined to 106.84 million tonne due to heat wave in key growing states

Wheat output may set new record of over 11.2 mn tonnes in 2022-23: Govt

In 2020-21, the country had achieved record wheat output of 109.59 million tonnes

Wheat harvest could hit record on higher planting area, favourable weather

Higher wheat output could encourage India to consider lifting a ban on exports of the staple and help ease concerns over persistently high inflation in food prices

Govt mulls offloading 1.5-2 mn tonnes of wheat from FCI to contain prices

The government is considering releasing 15-20 lakh tonnes of wheat next year from the FCI stock for bulk consumers like flour millers, under the Open Market Sale Scheme (OMSS) to contain rising retail prices, according of official sources. According to the data maintained by the consumer affairs ministry, the average retail price of wheat was at Rs 32.25 per kg on December 27, higher than Rs 28.53 per kg in the year-ago period. Wheat flour (atta) price too remained higher at Rs 37.25 per kg than Rs 31.74 per kg a year ago. Under the OMSS policy, the government allows state-run Food Corporation of India (FCI) to sell foodgrains, especially wheat and rice, at pre-determined prices in the open market from time to time to bulk consumers and private traders. The purpose is to boost the supply during the lean season and moderate the general open market prices. An official source said, "The nodal Food Ministry has moved an OMSS policy for 2023 for wheat and the plan is to release 15-20 lak

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

Government says stock adequate to meet all PDS and PMGKAY needs

Rice, wheat inflation continue to rise contrary to overall inflation

The retail inflation rate in wheat rose to 19.67 per cent in November from 17.64 per cent in October

India's wheat stocks fall to 6-yr low in Dec as prices jump to record high

Wheat reserves in state stores totalled 19 million tonnes at the start of this month, down from 37.85 million tonnes on December 1 last year

All-India average wholesale prices of wheat up 22% so far this year: Govt

Average wholesale price of wheat rose 22 per cent across India to Rs 2,721 per quintal in November from Rs 2,228 per quintal in January this year, the government data showed. In a written reply to a question in Rajya Sabha, agriculture minister Narendra Singh Tomar said, "The prices of agricultural produce including wheat are determined by the demand and supply conditions in the market, international prices etc." As per the data, all-India monthly average wholesale prices of wheat stood at Rs 2,228 per quintal in January, Rs 2,230 in February, Rs 2,339 in March, Rs 2,384 in April, Rs 2,352 in May, Rs 2,316 in June, Rs 2,409 in July, Rs 2,486 in August, Rs 2,516 in September, Rs 2,571 in October and Rs 2,721 per quintal in November. Prices of October and November are provisional. The Centre had imposed a ban on wheat exports in May to control prices. "Wheat production has declined marginally from 109.59 million tonnes in 2020-21 to 106.84 million tonnes in 2021-22 and the all-India

Wheat acreage surges 25% from last year; but weather remains a concern

Traders are confident that total acreage will be 10-15 per cent more than the previous years

India eyes bumper wheat harvest in 2023 as record price lead to more sowing

The surge in wheat prices is despite the ban on exports of the grain, indicating a far bigger drop in this year's output

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 flour prices jump over 17% in one yr, now closer to sugar, rice: Rpt

The rise in wheat flour prices has come on the back of an increase in wheat prices as well

Wheat prices being closely monitored, export ban led to rise in stock: Govt

Food Secretary Sanjeev Chopra said wheat prices have gone up only by 7 per cent in retail. However, he added that if the hike in MSP is considered then the price rise is only around 5 per cent

Multiple factors doubled retail inflation rate in wheat, rice since April

The spike in the prices of these two cereals was diametrically opposite to the cooling of the overall inflation rate and of food inflation, both of which hit a three-month low

Soring wheat rates could prompt price-cooling measures, say govt sources

The government has been trying to rein in food inflation, but its efforts have been complicated by wheat prices that have climbed to record highs

Soaring wheat prices in India likely to prompt price-cooling measures: Govt

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

Rabi sowing tracker: Mustard covers 72% of normal area, wheat spikes

Mustard is usually sown in 6.4 million hectares, and sowing in almost 4.6 million hectares is complete till Friday

Wheat price climbs nearly 6% after Russia withdraws from Black Sea pact

80% of Kyiv without water, residents asked to stock up