Page 2 - Wheat Procurement

India exported 1.8 mn tn wheat to several countries since ban: Food Secy

About 33,000 tonnes of wheat as humanitarian assistance has already been supplied to Afghanistan against the commitment of 50,000 tonne

Bangladesh tries to secure wheat from Russia as India stops exports-sources

The supply deal with Russia, the world's biggest wheat exporter, could help Dhaka in meeting its needs below the elevated global prices, industry officials said

Govt's wheat procurement down at 18.46 million tonnes so far in rabi year

The government has procured 18.46 million tonnes of wheat at a MSP value of Rs 37,192.07 crore so far in the ongoing 2022-23 rabi marketing year, benefitting 17.50 lakh farmers, the Food Ministry

Production shortage? India's wheat procurement subpar despite export ban

Farmers have been holding on to their produce as the price of wheat in the open market recouped some of the losses it suffered in the aftermath of the ban

Top Headlines: Adani acquires Ambuja Cements, Sebi panel on FPIs, and more

From Gautam Adani winning the race for Ambuja Cement to Sebi forming expert panel on FPIs, here are the top headlines on Monday

Wheat prices soften after export ban, but high demand may limit downside

Traders say market is still biased towards demand; while this could come as some relief to the farmers, a major price spike in the months ahead seems unlikely

Wheat procurement deadline extended after export ban; quality norms eased

Till May 14, some 18 million tonnes of wheat have been bought for Central pool; that's 51% lower than the procurement during the same period last year

Government, RBI behind the curve in controlling inflation: Congress

The party also termed the government's decision to ban wheat exports as anti farmer.

Congress slams govt's wheat export ban, terms the move 'anti-farmer'

According to an official notification, India has banned wheat exports with immediate effect as part of measures to control rising domestic prices

Top headlines: Railways-coal sector rift continues, 5G phones for Rs 10,000

Business Standard brings you the top headlines at this hour.

Wheat in surplus for entire year in India, farmers given good prices: Govt

Sudhanshu Pandey, Secretary, DFPD said that due to higher market prices, a large quantity of wheat was being bought by traders at a higher rate than MSP, which was good for the farmers

UN delegation in Amritsar to learn how India moves wheat to Afghanistan

"We are here to see the initiative that the Government of India has taken for the people of Afghanistan," noted Sandro Banao, Commodity Specialist at the UN World Food Programme

Wheat procurement down 44% to 162 lakh tonnes till May 1 on higher exports

The Centre's wheat procurement declined by 44 per cent to 162 lakh tonnes till May 1 on higher exports and low arrival in Punjab and Haryana mandis, according to official sources

Statsguru: Six charts show India may see another bumper crop year

Wheat procurements may fall this year as exports and the private market have become more lucrative

India can still export 8-10 mn tons of wheat: NITI Aayog member Chand

The situation is not at all alarming on the procurement front, says expert in interview.

Wheat procurement under MSP likely to be lowest in last 10 years

India was till last week headed to a record production but the heat wave that started in March and continued in April over northwest India is set to affect produce, especially in Punjab and Haryana

Govt procures 6.92 mn tonnes wheat at MSP for nearly Rs 14,000 cr

Out of the total procurement, Punjab contributed 32,16,668 tonnes, Haryana 27,76,496 tonnes and Madhya Pradesh 8,98,679 tonnes

Wheat procurement so far almost 30% lower than last year, say traders

Heavy private purchases in main producing states of Madhya Pradesh and UP cited as reason

Govt procures 34,917 tonnes of wheat in Rabi marketing season so far

A quantity of 34,917 tonnes of wheat has been procured till April 3, benefitting 3,510 farmers with MSP value of Rs 70.36 crore

FY23 wheat stock may be robust despite exports, free grain scheme extension

However, traders say if free foodgrains scheme goes beyond September and there is another Covid wave that requires more relief, then the closing stock position could turn precarious