Offtake in FCI wheat auction jumps to 96%, total sales top 8 million tonnes
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The average price of wheat in the Food Corporation of India (FCI) e-auction on Wednesday ruled flat even though the offtake increased to 96 per cent from 94 per cent the previous week, which indicates demand will remain robust until the next crop starts arriving around mid-March. So far, the government has sold 8.004 million tonnes (mt), since it started selling wheat from June 28 to augment the open market availability…..
For More Details Visit: https://www.thehindubusinessline.com/economy/agri-business/offtake-in-fci-wheat-auction-jumps-to-96-total-sales-top-8-million-tonnes/article67822198.ece
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