Page 3 - Wheat

Retaining wheat export curbs to be a priority for PM Modi as polls loom

An extension of the export curbs would probably bolster the global wheat market, where supplies are tight because of dry weather in US growing areas and a drop in Ukrainian supplies

Centre projects record wheat, mustard and chana crop this rabi season

Estimates 4% increase in wheat output, around 1% for chana, and 7% for mustard

March heat to shape up wheat output this year in North India: Experts

A significant drop in per hectare yields of wheat for second year this year due to unusually high temperatures could have an impact on Centre's annual wheat procurement plan

Govt to offload 30 mn MT wheat to cool down prices via open market disposal

the government takes various steps from time to time to augment domestic availability and control increasing food prices

Chana, mustard likely to trade around MSP, wheat much above it

The MSP of mustard for 2023-24 is Rs 5,450 per quintal

New wheat crop trickles in mandis; prices above MSP, say traders

So far, two e-auctions have been held, and in them around 920,000 tonnes of wheat has been sold

Wheat prices fall over 10% in 7 days on selling of FCI stock in open market

FCI sold 0.92 million tonnes since Feb 1, netting around Rs 2,290 crore

Centre reviews supply of atta at Rs 29.50 through Open Market Sale Scheme

These institutions agreed to supply Atta at Rs. 29.50 per kg, which is to be named as "Bharat Atta" or "any other suitable name" with bold mention of the MRP of Rs. 29.50 per Kg

FCI sells 8.88 lakh tonne wheat to bulk consumers on first day of e-auction

Wheat is being offered at a reserve price of Rs 2,350 per quintal plus freight charges

FCI sells 888k tonne wheat to bulk consumers on first day of e-auction

State-owned Food Corporation of India (FCI) has sold 8.88 lakh tonne of wheat to bulk consumers like flour millers on the first day of e-auction conducted in 22 states, the food ministry said on Thursday. FCI commenced e-auction of wheat on February 1 under Open Market Sale Scheme (OMSS) for bulk users in order to improve domestic availability and check wheat prices. On the first day, it offered for sale about 22 lakh tonne of wheat against the earmarked 25 lakh tonne under OMSS. "More than 1,100 bidders came forward for participation in the first e-auction. A quantity of 8.88 lakh tonne was sold on the first day of e-auction in 22 states," the ministry said in a statement. In Rajasthan, bidding would be conducted on Thursday, it said. Further sale of wheat through e-auction will continue throughout the country on every Wednesday till March 15, it added. Wheat is being offered at a reserve price of Rs 2,350 per quintal plus freight charges. A single buyer can quote for a maximum

Pakistan facing net wheat deficit of 2.37 mn metric tons, says food min

Pakistan National Assembly member and Minister for National Food Security and Research Tariq Bashir Cheema said that Pakistan at present is facing a net wheat deficit of 2.37 million metric tons

A structural problem? FCI corruption case offers food for thought

Evidence of corruption unearthed at the government's key foodgrain procurement agency raises questions about whether the problem is systemic or a failure of governance

Wheat sowing up 0.37% to 34.1 mn hectare so far; crop condition good: Data

Area sown to wheat has increased marginally by 0.37 per cent to 341.85 lakh hectare (ha) so far in the ongoing rabi season, with higher areas reported in Rajasthan, Maharashtra and Bihar, the government data showed. According to a senior agriculture ministry official, about 5-6 lakh ha more wheat area is expected to be reported from north India, especially Uttar Pradesh, where the sowing of wheat has got delayed due to sugarcane harvesting. "The wheat crop condition is good as of now. Tiller per plan is average at 6-10 due to better weather situations. One spell of rain in a day or two will further boost the plant growth," the official told PTI. Sowing of wheat, the main rabi (winter) crop, begins in October, while harvesting starts in March/April. As per the latest agriculture ministry's data, wheat has been sown in 341.85 lakh ha as of January 27 against 340.56 lakh ha in the year-ago period. The higher area is reported from Rajasthan (2.52 lakh ha), Maharashtra (1.28 lakh ha),

FCI to sell 2.5 MT wheat out of 3 MT approved to flour mills, pvt traders

State-owned FCI will sell 25 lakh tonnes of wheat to flour mills, private traders and other bulk consumers through e-auction out of the total 30 lakh tonnes approved by the government on Wednesday to check wheat and wheat flour (atta) prices. Another 2 lakh tonnes of wheat will be offered to states/Union Territories for their schemes without e-auction, according to a notification by the food ministry. The remaining three lakh tonnes of wheat will be offered at Rs 23.50 per kg to public sector units/ cooperatives/ federations, Kendriya Bhandar/NCCF/NAFED for converting the grain to atta and selling it to the public at a maximum retail price (MRP) of Rs 29.50 per kg. On Wednesday, the Centre announced the sale of 30 lakh tonnes of wheat in the open market from its buffer stock to check the rise in prices of wheat and wheat flour (atta). The proposal to sell stocks in the open market was taken on Wednesday by a group of ministers, headed by Home Minister Amit Shah, to bring down the .

Wheat prices may come down by Rs 5-6/kg: Flour millers on govt's move

Roller Flour Millers Federation of India (RFMFI) on Thursday hailed the government's decision to sell 30 lakh tonnes of wheat in the open market and said the move will lead to a reduction in wheat and wheat flour (atta) prices by Rs 5-6 per kg. The Centre on Wednesday announced the sale of 30 lakh tonnes of wheat in the open market from its buffer stock to check the rise in prices of wheat and wheat flour (atta). The stocks will be sold by the state-owned Food Corporation of India (FCI) during the next two months through various channels. While wheat will be sold to bulk consumers like flour millers through e-auction, the FCI will offer wheat at Rs 23.50 per kg to public sector units/cooperatives/ federations, Kendriya Bhandar/NCCF/NAFED for converting the grain to atta and offer it to the public at a maximum retail price (MRP) of Rs 29.50 per kg. "We welcome the government decision. It should have been taken a month ago. It is a right step. Wholesale and retail prices will come do

Centre to sell 3 million tonnes of wheat in open market to cool prices

Stock in central pool was 24.4% more than buffer requirement as on January 1; prices at record high of Rs 31-32/kg

Govt to sell 3 mn tonnes of wheat from buffer stock to curb price hike

The government will sell 30 lakh tonnes of wheat in the open market from its buffer stock to control rise in prices of wheat and wheat flour (atta), sources said. The average prices of atta have risen to around Rs 38 per kg. The food ministry will offload 30 lakh tonnes of wheat under the Open Market Sale Scheme (OMSS), they said. Wheat stocks will be sold to flour millers and traders among others. On January 19, Food Secretary Sanjeev Chopra had said the retail prices of wheat and wheat flour (atta) have increased and the government will soon take measures to control the rising rates. Under the OMSS policy, the government allows state-run Food Corporation of India (FCI) to sell food grains, 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. Even the flour millers have demanded the government to offloa

Govt procures paddy, wheat worth over Rs 2.5 trn in 2021-22: Food Ministry

Procurement of wheat and paddy in quantity and value terms has risen significantly in the last eight years, on account of a hike in the minimum support price (MSP) and purchases made from more states, a senior food ministry official said on Tuesday. The number of farmers covered under the MSP operations has also increased because of the higher quantity of wheat and paddy procurement by the Food Corporation of India (FCI), the nodal agency for the procurement and distribution of foodgrains. "The central procurement of wheat and paddy has increased substantially between the 2013-14 and 2021-22 marketing seasons. The procurement has become broad-based and we are purchasing grains from more states now. MSP has increased significantly," said Subodh Singh, additional secretary in the food ministry. The procurement is taking place in Himachal Pradesh, Assam and Tripura, he said, adding that the FCI has started buying paddy from Rajasthan. Production of wheat and paddy has also risen since

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

Wheat area rises as markets await Centre's approval for open sales

This is 12 per cent more than the normal area and among the highest in recent years. Normal area is the average area of the last five years