Govt's rabi wheat procurement surpasses 19.5 million tonnes
Govt's rabi wheat procurement surpasses 19.5 million tonnes
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Govt's rabi wheat procurement surpasses 19.5 million tonnes
It seems the March rain has not damaged the rabi crop as much as had been initially feared. Wheat stocks will fill godowns and take the load off rice, the prospects of which are under the shadow of a May-July El Niño
Global food prices have eased and that should considerably aid the government's supply management programme
The highest contributor among the major contributors to the FCI’s procurement kitty is Punjab, where the nodal agency has purchased 8.35 MT of wheat. While the figures for Haryana and Madhya Pradesh are 5.26 MT and 4.6 MT respectively.
This has resulted in reduced wheat availability at procurement centres and may affect overall procurement in near future.