Wheat News in English

Wheat procurement exceeds 55% of target, touches 205 lakh tonnes

As wheat procurement accelerates, the deficit in Haryana has shrunk to 8% as of April 30 from 25% a week earlier. Nevertheless, anticipated lower procurement in crucial states like Madhya Pradesh, Rajasthan, and Uttar Pradesh may challenge the Centre’s goal of acquiring 372.9 lakh tonnes for the season. This narrowing gap in Haryana signals progress, but challenges persist in achieving the nationwide procurement target amidst varied state performances.

With the pick up in pace of wheat procurement, the deficit has narrowed down to 8 per cent as of April 30 from 25 per cent a week ago. However, the likely lower than expected procurement in key states like Madhya Pradesh, Rajasthan and Uttar Pradesh may make it tough for the Centre to meet the overall procurement target of 372.9 lakh tonnes for the season.

Source Link: https://www.thehindubusinessline.com/economy/agri-business/wheat-procurement-exceeds-55-of-target-touches-205-lakh-tonnes/article68129199.ece

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