Wheat News in English

62.5L MT wheat procured so far, surpasses previous yr 48L MT

Bhopal has seen a significant surge in wheat procurement this year, surpassing last year’s total of 48 lakh metric tonnes with 62.5 LMT already procured. With wheat priced at Rs 2,600/quintal, including a state bonus, the target has been revised to 70 LMT. Procurement continues until May 5, marking a sharp recovery from last year’s 33% decline.

Bhopal: After witnessing a record dip of 33% last year compared to the previous year, this year’s wheat procurement has already surpassed the overall procurement of previous years, even as the procurement of wheat is still ongoing.

So far this year, 62.5 lakh metric tonnes of wheat have been procured at the procurement centres across the state. Last year, a total of only 48 LMT of wheat was procured in the state, which was 33% less than the 7.1 LMT of wheat procured in In 2022, only 4.6 lakh MT of wheat was procured in the state.

This year, wheat is being procured at Rs 2,600 per quintal of MSP, which includes a Rs 175 per quintal bonus from the state govt. This is one of the highest rates at which wheat is being procured across the country.

“We were initially given a target of 60 lakh MT for the procurement of wheat, but when we achieved it, it was revised to 70 lakh MT. As procurement is ongoing, we are hopeful of achieving the target easily. Compared to the previous year, it has already surpassed it, as only 48 lakh MT of wheat was procured last year,” managing director of Food and Civil Supplies Corporation, Anurag Verma, told TOI.

Sources said that if past figures are considered, it was in 2020 and 2021 when a maximum of 12.9 lakh MT and 12.8 lakh MT of wheat was procured in the state, respectively. It fell to only 4.6 lakh MT in 2022, but again in 2023, it increased to 7.1 lakh MT. However, in 2024, it fell by more than 33% to only 4.8 lakh MT. This year, it is estimated that the procurement will be around 7 lakh MT, which will be equivalent to the procurement done in 2023.

Wheat procurement will continue until May 5 in the state, said sources.

To Read more about  Wheat News  continue reading Agriinsite.com

Source : The Times Of India

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

The Latest

To Top