Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Costly wheat and the cloud over our daily bread - Sayantan Bera    </title>
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Official figures show that daily retail wheat flour (atta) prices as on 1 February were 22% higher..."/>
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                            <p><em>Wheat prices have stayed stubborny high in India, despite several steps by the government including an export ban and announcing open market prices.</em><br /><br />- Mint</p><p>Official figures show that daily retail wheat flour (atta) prices as on 1 February were 22% higher year on year, while wholesale prices were 31% higher. Wheat prices have been inching up through 2022 after a heat wave cut production and pushed the government to ban exports in May. Retail food inflation has softened of late, as it dipped to 4.2% in December from 8.6% in September. Any hope of prices cooling rests on the size of the 2023 harvest, which will hit markets in April-May.&nbsp;</p><p>Planting data from the Agriculture Ministry show that wheat has been sown in over 34 million hectares, higher than the 5-year average of 30 million hectares. The crop is likely to be higher than 107 million tonnes estimated for the 2022 harvest. Key risks remain however. For instance heat stress.</p><p>The Food Corporation of India held 17.1 million tonnes of wheat, the lowest in 6 years, but higher than the strategic buffer norm of 14 million tonnes. The government announced open market sales of 3 million tonnes to cool market prices, which means the Centre does not have excess stocks. Traders expect the government to announce a bonus to farmers to ensure procurement does not fall short. With wholesale prices around Rs. 2,800 per quintal and an MSP of Rs. 2,125 the gap is big. Without a bonus farmers may sell their crop in the open market. &nbsp;&nbsp;</p><p>The export ban will most probably continue. If procurement falls short the government may cut the existing 40% duty to allow imports. However, if India enters the global market as a buyer international prices will surge. The larger crisis is the impact of climate change on India&#39;s fragile food surpluses.&nbsp;</p><p>Please<a href="https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html" title="https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html"> click here</a> to read more</p>                                                           
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    <br><a href="https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html" class="re" target="_blank">Sayantan Bera, Mint, 3 February, 2023, https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html</a><div class="clear"></div>
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                            <p><em>Wheat prices have stayed stubborny high in India, despite several steps by the government including an export ban and announcing open market prices.</em><br /><br />- Mint</p><p>Official figures show that daily retail wheat flour (atta) prices as on 1 February were 22% higher year on year, while wholesale prices were 31% higher. Wheat prices have been inching up through 2022 after a heat wave cut production and pushed the government to ban exports in May. Retail food inflation has softened of late, as it dipped to 4.2% in December from 8.6% in September. Any hope of prices cooling rests on the size of the 2023 harvest, which will hit markets in April-May.&nbsp;</p><p>Planting data from the Agriculture Ministry show that wheat has been sown in over 34 million hectares, higher than the 5-year average of 30 million hectares. The crop is likely to be higher than 107 million tonnes estimated for the 2022 harvest. Key risks remain however. For instance heat stress.</p><p>The Food Corporation of India held 17.1 million tonnes of wheat, the lowest in 6 years, but higher than the strategic buffer norm of 14 million tonnes. The government announced open market sales of 3 million tonnes to cool market prices, which means the Centre does not have excess stocks. Traders expect the government to announce a bonus to farmers to ensure procurement does not fall short. With wholesale prices around Rs. 2,800 per quintal and an MSP of Rs. 2,125 the gap is big. Without a bonus farmers may sell their crop in the open market. &nbsp;&nbsp;</p><p>The export ban will most probably continue. If procurement falls short the government may cut the existing 40% duty to allow imports. However, if India enters the global market as a buyer international prices will surge. The larger crisis is the impact of climate change on India&#39;s fragile food surpluses.&nbsp;</p><p>Please<a href="https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html" title="https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html"> click here</a> to read more</p>                                                           
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    <br><a href="https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html" class="re" target="_blank">Sayantan Bera, Mint, 3 February, 2023, https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html</a><div class="clear"></div>
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    <h1 class="cat-box-title">Costly wheat and the cloud over our daily bread - Sayantan Bera</h1>
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                            <p><em>Wheat prices have stayed stubborny high in India, despite several steps by the government including an export ban and announcing open market prices.</em><br /><br />- Mint</p><p>Official figures show that daily retail wheat flour (atta) prices as on 1 February were 22% higher year on year, while wholesale prices were 31% higher. Wheat prices have been inching up through 2022 after a heat wave cut production and pushed the government to ban exports in May. Retail food inflation has softened of late, as it dipped to 4.2% in December from 8.6% in September. Any hope of prices cooling rests on the size of the 2023 harvest, which will hit markets in April-May.&nbsp;</p><p>Planting data from the Agriculture Ministry show that wheat has been sown in over 34 million hectares, higher than the 5-year average of 30 million hectares. The crop is likely to be higher than 107 million tonnes estimated for the 2022 harvest. Key risks remain however. For instance heat stress.</p><p>The Food Corporation of India held 17.1 million tonnes of wheat, the lowest in 6 years, but higher than the strategic buffer norm of 14 million tonnes. The government announced open market sales of 3 million tonnes to cool market prices, which means the Centre does not have excess stocks. Traders expect the government to announce a bonus to farmers to ensure procurement does not fall short. With wholesale prices around Rs. 2,800 per quintal and an MSP of Rs. 2,125 the gap is big. Without a bonus farmers may sell their crop in the open market. &nbsp;&nbsp;</p><p>The export ban will most probably continue. If procurement falls short the government may cut the existing 40% duty to allow imports. However, if India enters the global market as a buyer international prices will surge. The larger crisis is the impact of climate change on India&#39;s fragile food surpluses.&nbsp;</p><p>Please<a href="https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html" title="https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html"> click here</a> to read more</p>                                                           
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    <br><a href="https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html" class="re" target="_blank">Sayantan Bera, Mint, 3 February, 2023, https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html</a><div class="clear"></div>
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Costly wheat and the cloud over our daily bread - Sayantan Bera

Published on Feb 3, 2023   Modified on Feb 3, 2023

Wheat prices have stayed stubborny high in India, despite several steps by the government including an export ban and announcing open market prices. - Mint Official figures show that daily retail wheat flour (atta) prices as on 1 February were 22% higher year on year, while wholesale prices were 31% higher. Wheat prices have been inching up through 2022 after a heat wave cut production and pushed the government to ban exports in May. Retail food inflation has softened of late, as it dipped to 4.2% in December from 8.6% in September. Any hope of prices cooling rests on the size of the 2023 harvest, which will hit markets in April-May.  Planting data from the Agriculture Ministry show that wheat has been sown in over 34 million hectares, higher than the 5-year average of 30 million hectares. The crop is likely to be higher than 107 million tonnes estimated for the 2022 harvest. Key risks remain however. For instance heat stress. The Food Corporation of India held 17.1 million tonnes of wheat, the lowest in 6 years, but higher than the strategic buffer norm of 14 million tonnes. The government announced open market sales of 3 million tonnes to cool market prices, which means the Centre does not have excess stocks. Traders expect the government to announce a bonus to farmers to ensure procurement does not fall short. With wholesale prices around Rs. 2,800 per quintal and an MSP of Rs. 2,125 the gap is big. Without a bonus farmers may sell their crop in the open market.    The export ban will most probably continue. If procurement falls short the government may cut the existing 40% duty to allow imports. However, if India enters the global market as a buyer international prices will surge. The larger crisis is the impact of climate change on India's fragile food surpluses.  Please click here to read more

Sayantan Bera, Mint, 3 February, 2023, https://www.livemint.com/news/india/costly-wheat-and-the-cloud-over-our-daily-bread-11675362565596.html

Tagged with: Agricultural Procurement Agriculture Cereals Farmers Income Food Corporation of India Food Security Inflation Wheat Wheat Harvest Wheat Prices

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