Page 15 - Wheat

Over 7.2 mn tonnes of wheat arrive in Haryana

Of this, over 1.78 mn tonnes have been procured by Food & Supplies Dept, 2.59 mn tonnes by HAFED

UP wheat procurement at 1.2 mn tonnes is just 15% of mid-June target

Despite having 5,000 procurement centres, UP lacks warehouses to store large quantities of the crop

Wheat to reach record 98 mt in 2016-17 crop yr

Foodgrain production is estimated to touch a record 271.98 mt in the current year

Govt wheat buying starts on positive note

After last year's slippage, the central government has some cheer on wheat procurement, with its purchase this year till April 12 being six per cent more than in 2016-17 at this date, at 3.8 million tonnes (mt).If the trend stays, the Centre might reach its target of 33 mt in wheat procurement well on time. This does not include the extra five mt promised by the newly elected Yogi Adityanath government in Uttar Pradesh.India's annual wheat procurement to run the subsidised food programme starts from April. The bulk of purchase is completed in the first three months of the financial year (which began April 1). The government recently re-imposed the 10 per cent import duty on wheat, days before state and central agencies started their annual procurement. It also raised the Minimum Support Price (MSP) by Rs 100 a quintal for 2017-18, to Rs 1,625 a qtl.Last year, the government had aimed at 28 mt of wheat buying but could not exceed around 23 mt. The main reason was attributed to less ...

Wheat purchase by UP could incur Rs 8,000-crore loss to exchequer

The Uttar Pradesh government's decision to purchase eight million tonnes (mt) of wheat from farmers could mean an additional financial burden of at least Rs 8,000 crore.The earlier Akhilesh Yadav government had planned to purchase three mt from farmers in 2017-18. The new Adityanath government scaled this up to eight mt, half in the first phase, at its first Cabinet meeting on Tuesday.Assuming all this additional wheat is purchased at the centrally-set Minimum Support Price of Rs 1,625 a quintal, it would mean either the state or Centre has to immediately arrange for an extra Rs 8,125 crore. Purchase would be from a network of 5,000-odd purchase centres Officials said of the eight mt, around seven mt is expected to be purchases by state agencies and the rest by Food Corporation of India.Till now, the UP government has never bought more than four or five mt in a year. In 2016-17, it had bought only 0.8 mt from farmers.That apart, buying an extra five mt has challenges. Experts said ...

India considers reinstating 25% wheat import tax

India lowered import tax on wheat to 10% from 25% in Sept 2016; scrapped duty on Dec 8, 2016

Non-fumigated wheat threat looms large

Consignments with false certificates could make their way to Indian shores, posing health risks

India likely to import more as output set to fall

India scrapped its import duty in December and has been purchasing high-protein grain

Warm weather worries wheat farmers

Mustard, another rabi crop, will benefit from warmer days

Wheat imports to lessen after March on fumigation rule change

The farm ministry last week forecast wheat output at 96.64 million tonnes in 2017

100 million tonnes: Amount of wheat Indians are likely to eat in 2016-17

Closing stocks of wheat with Central agencies as on March 2017 is projected to be 10 mn tn higher

Wheat acreage up 7.87%; rains boosting crop prospects

Besides wheat, acreage under pulses too are up by 11.55% to 159.28 lakh hectare this rabi season

Relief for farmers: Cold wave this week to help wheat crop

Wheat and mustard crops have been facing moisture stress due to a warmer than usual winter

Low procurement of wheat doesn't mean output is less: Govt

Singh said while addressing reporters on the achievements of his ministry over the past 30 months

Price fall partly nullifies benefit of wheat import duty waiver

Since India scrapped 10% import duty on December 9, prices fell by 6% in CBoT and 5-7% locally

Wheat import duty might return with new crop

Production in the 2015-16 crop year, marketed in 2016-17, has been estimated at a little over 93 million tonnes

Did Centre scrap wheat import duties to safeguard PDS next year?

In 2016-17, wheat procurement dropped to 23 MT against a targeted 28 MT because actual harvest failed govt estimates

Oppn protests zero import duty on wheat, terms govt's move anti-farmer

Angry Opposition protests over government's move to slash import duty on wheat to zero allegedly to benefit multinational firms forced adjournment of the proceedings of Rajya Sabha till afternoon today. Congress, BSP, SP, JD-U and Left members alleged that the move to slash import duty on wheat from 10 per cent to zero at a time when the country has enough buffer stock will hit the farmer hard. The move ahead of the winter wheat crop will help MNCs to dump cheap wheat from US, France and Ukraine in the country, they said. Food Minister Ram Vilas Paswan said there was no shortage of wheat in the country and the decision was taken to cool down domestic prices which has shown an upward trend in recent weeks. "Last few days, wheat prices are on the rise," he said, adding "this is not a permanent decision", indicating it can be reviewed if need arises. Minister of State for Agriculture Parsottambhai Rupala said the decision was necessitated as domestic prices were ...

Wheat import duty waived

The duty has been waived for an indefinite period, according to an official notification placed in Parliament

Centre mulls scrapping wheat import duty to boost supplies

There is a shortage because of fall in domestic output in 2015-16 crop year to 86 MT