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Dip in wheat procurement in MP, govt cites higher market price as reason

Experts believe that more than 50% of wheat in Madhya Pradesh has either been hoarded by farmers or sold directly to wheat traders

A farmer carries the harvested wheat crop at a field. (ANI Photo)
Published on Jul 08, 2024 01:51 PM IST

Record rice stocks may prompt higher public distribution

India's rice stocks are at a record high, nearly four times the target, prompting government action to reduce inventory amid expectations of a strong crop.

The government is required to have 13.5 million tonnes of rice as buffer stock beginning July 1 (Bloomberg)
Updated on May 28, 2024 01:24 AM IST
By, New Delhi

At 132 lakh tonnes, wheat arrivals hit all-time high in Punjab

According to the state food and supplies department, 6,000 tonne wheat arrived in state’s grain markers on Sunday, taking the total count to 132.25 lakh tonnes.

Farmer resting near his wheat bags in Ludhiana. (HT File)
Updated on May 27, 2024 08:32 AM IST

Wheat purchases sufficient for food security needs but may miss target: Data

Govt procures enough wheat for food security, but may fall short of target due to farmer stockholding. Surplus stocks help stabilize prices in case of inflation.

Wheat purchases sufficient for food security needs but may miss target: Data
Updated on May 26, 2024 06:00 AM IST

At 127.6 lakh tonnes, wheat arrivals in Punjab mandis surpass last yr’s procurement figures

Last year, on the corresponding day, the total arrival had stood at 123.20 lakh tonnes. This time, the state is expecting a bumper crop with the total production expected to touch 175 lakh tonnes.

The procurement season in Punjab started late this year due to late harvesting. (HT File)
Updated on May 10, 2024 06:06 AM IST
By, Chandigarh
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