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India's wheat production outlook cut to 105 mt on lower yield in central, eastern regions


India’s wheat production outlook cut to 105 mt on lower yield in central, eastern regions
May 06, 2021
USDA says early onset of summer hit output in MP, Bihar, UP
India’s wheat production estimates have been lowered to 105 million tonnes (mt) in view of the yield being affected in central and eastern regions of the country such as Madhya Pradesh, east and central Uttar Pradesh, Rajasthan and Bihar.
Leading the cut in production estimates is the US Department of Agriculture (USDA), which said in its Grain and Feed Update on Wednesday that early harvests had led to lower yield in central and eastern States. The USDA pegging the wheat output at 105 mt is against its previous estimate of 107 mt. ....

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Wheat Prices In India Rise On Export Demand, Surge In Global Market


Wheat prices in India rise on export demand, surge in global market
In the global market, wheat has gained a little over three percent since the beginning of 2021 to 661 US cents a bushel. Lower crops from Russia and Argentina will boost demand for Indian wheat.
January 14, 2021 / 03:42 PM IST
Wheat prices in India have gained more than Rs 100 a quintal since the beginning of the year on demand from the neighbouring countries and a surge in the global market.
“Since the last 10-15 days, wheat prices in the domestic markets have gone up by as much as Rs 170 a quintal. We hear there is demand for exports,” said Bengaluru-based Krishna Flour Mills Pvt Ltd Managing Director M K Dattaraj. ....

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