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Tag: wheat production

  • More wheat shares offloaded however worries keep

    Express News Service

    NEW DELHI: As the temperatures have risen abnormally in wheat-producing areas, so have the federal government’s anxieties over wheat costs and manufacturing. The authorities seems to be firefighting in its try to scale back the wheat and atta costs and scale back the impression of extreme warmth on the present rabi crop by constituting a committee to advise farmers.

    The authorities on Thursday claimed that the wholesale wheat costs have come down after offloading vital quantity of wheat inventory within the open market  scheme. Meanwhile, the Central authorities has additionally determined to dump a further 20 lakh tonnes (LT) of wheat to additional scale back the costs.

    Ashok Okay Okay Meena, the chairman and managing director Food Corporation of India (FCI), stated after offloading greater than 18 LT of wheat within the open market in three e-auctions since February, the wholesale value of wheat is lowered by round Rs 300.

    However, the lowered wholesale value will take a while to supply solace to retail customers. According to the Department of Consumer Affairs, the typical retail costs in January 2023 of wheat and atta had been at a 10-year excessive. Wheat costs had been over Rs 3,300 per quintal whereas atta costs had been over Rs 3,700 per quintal. The Ministry of Statistics and Programme Implementation information reveals that since September 2021, the retail value index has proven over 20 per cent rise in wheat value.

    Concerned over rising costs, the federal government on January 25 agreed to enhance the wheat provide within the open market by offloading by means of the open market sale scheme (OMSS) to chill down the costs. Initially, the federal government determined to dump 25 LT wheat by means of OMSS. On February 21, it added 20 LT wheat to the market. Besides, the federal government supplied 5 LT at a cheaper price to state governments, and its companies like NAFED, Kendriya Bhandaran, and others, promote wheat at decrease costs by means of totally different schemes. In all, the entire wheat inventory to be offloaded underneath the scheme is 50 LT.

    The first e-auction bought 9.13 LT with a median value of Rs 2,474/quintal, adopted by the second e-auction bought 3.85 LT with a median value of Rs 2,338/quintal. In the third e-auction, one other 5.07 LT wheat was bought at a median value of Rs 2,172/quintal the lowered public sale value have to be handed on to retail customers. “Millers and traders assured us that reduced wheat price benefits will be passed on to consumers,” stated Meena.

    The authorities’s agricultural commodity value index additionally reveals a minimal lower within the modal value. “With this, model prices in different mandis of the country are hovering around Rs 2,200 to Rs 2,300,” stated Meena. Meanwhile, the federal government has rejected merchants’ and specialists’ hypothesis of the opportunity of hoardings that consumers won’t launch cheaper wheat as the present climatic situation could scale back wheat manufacturing prefer it did final 12 months.

    ALSO READ | Maximum temperature in February could impression wheat manufacturing within the nation

    The present weather conditions inflicting extra warmth in the course of the flowering and maturing interval result in a loss in yield, presumably pushing the worth in upcoming months. Only after that, the merchants will launch wheat available in the market. “As of now, our assessment says the production will not come down. Moreover, we are 
    promoting most small traders to participate in e-auction,” stated Meena. He shared figures that present round 87 per cent of farmers are small merchants who purchased lower than 500 metric tonnes and have a lesser likelihood to hoard.

    NEW DELHI: As the temperatures have risen abnormally in wheat-producing areas, so have the federal government’s anxieties over wheat costs and manufacturing. The authorities seems to be firefighting in its try to scale back the wheat and atta costs and scale back the impression of extreme warmth on the present rabi crop by constituting a committee to advise farmers.

    The authorities on Thursday claimed that the wholesale wheat costs have come down after offloading vital quantity of wheat inventory within the open market  scheme. Meanwhile, the Central authorities has additionally determined to dump a further 20 lakh tonnes (LT) of wheat to additional scale back the costs.

    Ashok Okay Okay Meena, the chairman and managing director Food Corporation of India (FCI), stated after offloading greater than 18 LT of wheat within the open market in three e-auctions since February, the wholesale value of wheat is lowered by round Rs 300.

    However, the lowered wholesale value will take a while to supply solace to retail customers. According to the Department of Consumer Affairs, the typical retail costs in January 2023 of wheat and atta had been at a 10-year excessive. Wheat costs had been over Rs 3,300 per quintal whereas atta costs had been over Rs 3,700 per quintal. The Ministry of Statistics and Programme Implementation information reveals that since September 2021, the retail value index has proven over 20 per cent rise in wheat value.

    Concerned over rising costs, the federal government on January 25 agreed to enhance the wheat provide within the open market by offloading by means of the open market sale scheme (OMSS) to chill down the costs. Initially, the federal government determined to dump 25 LT wheat by means of OMSS. On February 21, it added 20 LT wheat to the market. Besides, the federal government supplied 5 LT at a cheaper price to state governments, and its companies like NAFED, Kendriya Bhandaran, and others, promote wheat at decrease costs by means of totally different schemes. In all, the entire wheat inventory to be offloaded underneath the scheme is 50 LT.

    The first e-auction bought 9.13 LT with a median value of Rs 2,474/quintal, adopted by the second e-auction bought 3.85 LT with a median value of Rs 2,338/quintal. In the third e-auction, one other 5.07 LT wheat was bought at a median value of Rs 2,172/quintal the lowered public sale value have to be handed on to retail customers. “Millers and traders assured us that reduced wheat price benefits will be passed on to consumers,” stated Meena.

    The authorities’s agricultural commodity value index additionally reveals a minimal lower within the modal value. “With this, model prices in different mandis of the country are hovering around Rs 2,200 to Rs 2,300,” stated Meena. Meanwhile, the federal government has rejected merchants’ and specialists’ hypothesis of the opportunity of hoardings that consumers won’t launch cheaper wheat as the present climatic situation could scale back wheat manufacturing prefer it did final 12 months.

    ALSO READ | Maximum temperature in February could impression wheat manufacturing within the nation

    The present weather conditions inflicting extra warmth in the course of the flowering and maturing interval result in a loss in yield, presumably pushing the worth in upcoming months. Only after that, the merchants will launch wheat available in the market. “As of now, our evaluation says the manufacturing won’t come down. Moreover, we’re 
    selling most small merchants to take part in e-auction,” stated Meena. He shared figures that present round 87 per cent of farmers are small merchants who purchased lower than 500 metric tonnes and have a lesser likelihood to hoard.

  • Wheat manufacturing drops attributable to March warmth wave

    Express News Service

    NEW DELHI: India’s 2022 wheat manufacturing decreased by 3 per cent as a result of warmth wave in March, the federal government’s estimates say, at the same time as an evaluation based mostly on local weather fashions places the determine at 4.5 per cent, with among the main grain bowl states taking successful of 10-15 per cent.

    India is the second largest wheat producer on the earth, and the warmth wave led the federal government to pause its export. The warmth wave has decreased India’s 2022 wheat manufacturing by 4.5 per cent in comparison with a normal-weather yr, in line with a statistical mannequin constructed by Balsher Singh Sidhu from the University of British Columbia-Vancouver, utilizing historic climate and wheat manufacturing knowledge from 1966-2017, which is offered freely from ICRISAT and Indian Meteorological Department. 

    The paper in pre-prints focuses on 5 wheat-producing states Uttar Pradesh, Madhya Pradesh, Punjab, Haryana, and Rajasthan which account for round 90 per cent of India’s wheat manufacturing. “While all five states are estimated to have experienced average yield losses of 4-6 per cent, some regions like Rampur, Bareilly, and Pilibhit in Uttar Pradesh and Raipur in erstwhile Madhya Pradesh may be looking at 10-15 percent less production compared to a normal year. More alarmingly, some crop-cutting experiments, like those from Punjab, have reported yield losses of up to 30 per cent in certain places,” it stated.

    The agriculture ministry’s fourth advance estimate for the yr launched Wednesday stated India’s wheat manufacturing is projected to have decreased by practically 3 per cent to 1,068.4 lakh metric tonne and the rationale attributed was a warmth wave.

    NEW DELHI: India’s 2022 wheat manufacturing decreased by 3 per cent as a result of warmth wave in March, the federal government’s estimates say, at the same time as an evaluation based mostly on local weather fashions places the determine at 4.5 per cent, with among the main grain bowl states taking successful of 10-15 per cent.

    India is the second largest wheat producer on the earth, and the warmth wave led the federal government to pause its export. The warmth wave has decreased India’s 2022 wheat manufacturing by 4.5 per cent in comparison with a normal-weather yr, in line with a statistical mannequin constructed by Balsher Singh Sidhu from the University of British Columbia-Vancouver, utilizing historic climate and wheat manufacturing knowledge from 1966-2017, which is offered freely from ICRISAT and Indian Meteorological Department. 

    The paper in pre-prints focuses on 5 wheat-producing states Uttar Pradesh, Madhya Pradesh, Punjab, Haryana, and Rajasthan which account for round 90 per cent of India’s wheat manufacturing. “While all five states are estimated to have experienced average yield losses of 4-6 per cent, some regions like Rampur, Bareilly, and Pilibhit in Uttar Pradesh and Raipur in erstwhile Madhya Pradesh may be looking at 10-15 percent less production compared to a normal year. More alarmingly, some crop-cutting experiments, like those from Punjab, have reported yield losses of up to 30 per cent in certain places,” it stated.

    The agriculture ministry’s fourth advance estimate for the yr launched Wednesday stated India’s wheat manufacturing is projected to have decreased by practically 3 per cent to 1,068.4 lakh metric tonne and the rationale attributed was a warmth wave.

  • Govt initiatives document foodgrain manufacturing, decrease wheat output in 2021-22 crop yr

    India’s wheat manufacturing is projected to have declined almost 3 per cent to 106.84 million tonnes whereas the general foodgrain manufacturing is estimated to have touched document 315.72 million tonnes within the 2021-22 crop yr.

    The wheat manufacturing is estimated to have declined as a result of heatwave that resulted in shrivelled grains within the northern states of Punjab and Haryana.

    Releasing the fourth advance estimate for the 2021-22 crop yr, the Union agriculture ministry on Wednesday mentioned a document output can also be estimated for rice, maize, gram, pulses, rapeseed and mustard, oilseeds and sugarcane.

    The crop yr 2021-22 was from July 2021 to June 2022.

    The nation’s general foodgrain manufacturing is estimated to be document 315.72 million tonnes within the crop yr that resulted in June 2022, in response to the ministry.

    Agriculture Minister Narendra Singh Tomar mentioned document manufacturing of so many crops was the results of the federal government’s farmer-friendly insurance policies in addition to tireless laborious work of the farmers and the diligence of the scientists.

    In the 2020-21 crop yr, the nation’s foodgrain output, comprising wheat, rice, pulses and coarse cereals, stood at document 310.74 million tonnes.

    As per the info, wheat manufacturing is pegged decrease at 106.84 million tonnes within the 2021-22 crop yr as towards 109.59 million tonnes within the earlier yr.

    However, rice manufacturing is projected at document 130.29 million tonnes within the crop yr below evaluation as towards 124.37 million tonnes within the year-ago interval.

    The ministry mentioned the output of coarse cereals is more likely to decline to 50.90 million tonnes from 51.32 million tonnes.

    Pulses output is estimated to be at document 27.69 million tonnes in comparison with 25.46 million tonnes within the 2020-21 crop yr.

    In the non-foodgrain class, the manufacturing of oilseeds is projected to be document 37.69 million tonnes within the 2021-22 crop yr as towards 35.94 million tonnes within the earlier yr.

    Rapeseed/mustard seed manufacturing is pegged at document 17.74 million tonnes for the 2021-22 crop yr.

    According to the info, sugarcane manufacturing is estimated at document 431.8 million tonnes in comparison with 405.39 million tonnes within the earlier yr whereas cotton output is predicted to drop to 31.2 million bales (170 kg every) from 35.24 million bales.

    Production of jute/mesta is estimated to be 10.31 million bales (180 kg every) within the 2021-22 crop yr as towards 9.35 million bales within the earlier yr.

    In a crop yr, the federal government releases 4 estimates earlier than the ultimate one at totally different phases of crop development and harvesting interval.

  • India exported 1.5 LMT wheat to Bangladesh since ban

    INDIA HAS exported 1.5 lakh metric tonnes (LMT) of wheat to Bangladesh because the nation banned export of the grain on May 13, Food Secretary Sudhanshu Pandey stated on Wednesday.

    Addressing a press convention, Pandey stated, “There are many countries [which have requested import of wheat from India]. We would not like to discuss… This is a matter of foreign policy.”

    However, he refused to reveal particulars of the requests obtained from different nations for wheat import from India.

    When requested concerning the development in atta (flour) exports, the Food Secretary stated, “The trend is on the high side.”

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    Partha S Das, Joint Secretary, Department of Food and Public Distribution stated India exported 29.70 LMT of wheat and a pair of.59 LMT of atta between April 1 and June 22 this monetary yr.

    Responding to questions, Das, who heads the committee that considers different nations’ requests for wheat import from India, stated requests have been obtained from fairly a couple of nations and people are “under consideration”.

    On May 13, the federal government had banned all shipments of wheat with rapid impact. It moved the export of all wheat, together with high-protein durum and regular gentle bread varieties, from “free” to the “prohibited” class. The resolution was aimed toward controlling rising costs of wheat within the home market.

    In wake of the Russia-Ukraine struggle, the demand for Indian wheat has elevated abroad. In the present monetary yr, the federal government estimates about 45 LMT of wheat to have been contracted for exports.

    In response to a question, S Jagannathan, Joint Secretary, Food Department stated about 4.74 crore ration playing cards have been deleted up to now eight years. It has prevented diversion of meals subsidies of round Rs 33,600 crore yearly, he stated.

    Discussing the edible oil costs, the Food Secretary stated main edible oil manufacturers have minimize costs by Rs 10-15. He stated the well timed interventions on a number of fronts by the federal government have led to a falling development in edible oil costs.

  • Wheat procurement might rise 10% in 2021-22 advertising yr

    The authorities expects to acquire 427.36 lakh metric tonnes (LMT) wheat through the upcoming rabi advertising season (RMS) 2021-22, with the best amount of 135 LMT wheat estimated to be procured from Madhya Pradesh.
    In an announcement on Tuesday, the Ministry of Consumer Affairs, Food and Public Distribution stated, “A total quantity of 427.363 LMT wheat has been estimated for procurement during the forthcoming RMS 2021-22 which is 9.56% more than the 389.93 LMT procured during RMS 2020-21.”
    In the present rabi crop season, wheat manufacturing is estimated to succeed in an all-time excessive of 10.92 crore tonnes through the present crop yr (July-June), which is 1.28 per cent increased than the earlier excessive of 10.78 crore tonnes in 2019-20.

    Earlier, Punjab was the main state to produce the best amount of wheat for the central pool. However, final yr, Madhya Pradesh took a lead over the state.