Wheat News in English

Wheat purchases top 25 million tonnes but 1.5% lower than last year

As of May 12, wheat procurement stands at 25.30 million tonnes (mt), down from 25.682 mt last year, according to official data. This falls short of the government’s target of 37.29 mt for the year. Experts question if it will match last year’s actual purchases. The variance raises concerns over meeting food security needs and underscores challenges in achieving agricultural production goals amidst evolving conditions.

Wheat procurement reached 25.30 million tonnes (mt) as of May 12 against 25.682 mt a year ago, official data show. This is far away from the government’s “official” procurement target of 37.29 mt fixed for this year. Experts wonder if it will reach last year’s actual purchases.

Source Link : https://www.thehindubusinessline.com/economy/agri-business/wheat-purchases-top-25-million-tonnes-but-15-lower-than-last-year/article68171703.ece

Click to comment

Leave a Reply

Your email address will not be published.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

The Latest

To Top