There were reports from various wheat-growing states that unseasonal rains have flattened standing crops in some regions. Wheat, a rabi crop was in an advanced maturing stage, and was expected to hit mandis in a fortnight or so.
On January 25, the government said FCI will offload 30 lakh tonnes of wheat from the central pool in the markets under the Open Market Sale Scheme, within the next two months, for containing the rising domestic prices of the staple foodgrain.
Ministry of Consumer Affairs, Food and Public Distribution earlier this week announced it will offload 30 lakh tonnes of wheat from the central pool in the markets to contain domestic prices.
To address the rising price of wheat and its derivative wheat flour in the country, the Group of Ministers headed by Home Minister Amit Shah met today and discussed the buffer stock position of the foodgrain.
New Delhi [India], August 21 (ANI): India has no plan to import wheat as it has ample stocks to meet the domestic requirements, Department of Food & Public Distribution on Sunday clarified after a media report said India was likely to start importing the staple foodgrain.
New Delhi [India], August 11 (ANI): Wholesale prices of wheat in the domestic mandis have managed to fall from their lifetime highs and have stabilized as the central government timely brought in a slew of policy interventions on the exports of the foodgrain.
New Delhi [India], July 13 (ANI): Wheat production in Ukraine is expected to decline 41 per cent or 13.5 million tonnes year-on-year in the 2022-23 season to around 19.5 million tonnes, said the U.S. Department of Agriculture in its latest report.
Lahore [Pakistan], May 25 (ANI): Pakistan is staring at an unprecedented wheat crisis amid the ongoing political and economic instability as the harvest is expected to be over two metric tonnes less this year.
New Delhi [India], April 21 (ANI): India's stock of wheat is significantly higher than the strategic and operational requirements, and the prices in the country remain stable despite the global surge caused by the ongoing Russia-Ukraine conflict, government sources said.
Rome [Italy], July 8 (ANI): Global food commodity prices fell in June for the first time in 12 months, according to a benchmark United Nations report released on Thursday.