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\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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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
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Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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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
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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 | Prospects for wheat exports turn bleak -Vishwanath Kulkarni    </title>
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-The Hindu Business Line


Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year.


The recent fall in Euro against the dollar..."/>
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-The Hindu Business Line


Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year.


The recent fall in Euro against the dollar..." />
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                            <div align="justify">-The Hindu Business Line</div><p align="justify"><em>Bengaluru: </em>Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year.</p><p align="justify">The recent fall in Euro against the dollar has made the French wheat cheaper thereby exerting pressure on the global prices. Wheat prices, which hovered around $6.6 a bushel in Chicago during mid December are now down to $4.98 per bushel.</p><p align="justify">The French wheat is selling around $210-215 per tonne, while the US origin is around $232. Even the Australian wheat, currently at around $270 per tonne, is cheaper than the Indian wheat quoted at $275. Also the levy of duty by Russia on the Black Sea origin wheat to offset the falling Rouble has not helped the Indian exporters to take any advantage.</p><p align="justify">Add to the falling international prices, the strengthening of the rupee against the dollar in recent months has made the Indian wheat unviable in the international markets.</p><p align="justify">&quot;There are hardly any enquiries for the Indian wheat, which is not viable for exports at current prices,&quot; said sources at a global trade house in Delhi. Normally, the export enquiries for the new crop begin sometime in February. Also the government is yet to take any call on exporting the surplus wheat from the Central pool stocks.</p><p align="justify">&quot;In absence of exports, a bigger harvest would only inflate the Government stocks, which is contrary to the recommendations of the high level committee on restructuring of Food Corporation of India&quot; said Tejinder Narang, grains trade analyst. The committee had suggested that the government should make purchases of what's required.</p><p align="justify">The central pool wheat stocks stood at 25.11 million tonnes as on January 1, 2015, more than twice the buffer and strategic reserve norm of 11.2 million tonnes. The general expectation among the trade and government sources is that wheat output this year would be higher than last year's production of 95.91 million tonnes, aided by a favourable climate.</p><p align="justify">The private trade is keenly waiting for the government to spell out its strategy on wheat procurement. Any decline in procurement by the Government could possibly influence the prices in markets such as Uttar Pradesh and Bihar, from where the private trade including makes its purchases from the open market. Currently, wheat is traded between Rs. 1450-1500 a quintal in the UP markets.</p><p align="justify">Wheat exports in the April-December period stood at around 26 lakh tonnes, lower than the corresponding last year's 40 lakh tonnes.</p><p align="justify">&quot;The Government should heavily subsidise the wheat exports to make it competitive in the international market,&quot; said Anil Monga, Managing Director of Emmsons International, a Delhi-based exporter.</p><p align="justify">&nbsp;</p>                                                           
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        LATEST NEWS UPDATES | Prospects for wheat exports turn bleak -Vishwanath Kulkarni    </title>
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Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year.


The recent fall in Euro against the dollar..."/>
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                            <div align="justify">-The Hindu Business Line</div><p align="justify"><em>Bengaluru: </em>Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year.</p><p align="justify">The recent fall in Euro against the dollar has made the French wheat cheaper thereby exerting pressure on the global prices. Wheat prices, which hovered around $6.6 a bushel in Chicago during mid December are now down to $4.98 per bushel.</p><p align="justify">The French wheat is selling around $210-215 per tonne, while the US origin is around $232. Even the Australian wheat, currently at around $270 per tonne, is cheaper than the Indian wheat quoted at $275. Also the levy of duty by Russia on the Black Sea origin wheat to offset the falling Rouble has not helped the Indian exporters to take any advantage.</p><p align="justify">Add to the falling international prices, the strengthening of the rupee against the dollar in recent months has made the Indian wheat unviable in the international markets.</p><p align="justify">&quot;There are hardly any enquiries for the Indian wheat, which is not viable for exports at current prices,&quot; said sources at a global trade house in Delhi. Normally, the export enquiries for the new crop begin sometime in February. Also the government is yet to take any call on exporting the surplus wheat from the Central pool stocks.</p><p align="justify">&quot;In absence of exports, a bigger harvest would only inflate the Government stocks, which is contrary to the recommendations of the high level committee on restructuring of Food Corporation of India&quot; said Tejinder Narang, grains trade analyst. The committee had suggested that the government should make purchases of what's required.</p><p align="justify">The central pool wheat stocks stood at 25.11 million tonnes as on January 1, 2015, more than twice the buffer and strategic reserve norm of 11.2 million tonnes. The general expectation among the trade and government sources is that wheat output this year would be higher than last year's production of 95.91 million tonnes, aided by a favourable climate.</p><p align="justify">The private trade is keenly waiting for the government to spell out its strategy on wheat procurement. Any decline in procurement by the Government could possibly influence the prices in markets such as Uttar Pradesh and Bihar, from where the private trade including makes its purchases from the open market. Currently, wheat is traded between Rs. 1450-1500 a quintal in the UP markets.</p><p align="justify">Wheat exports in the April-December period stood at around 26 lakh tonnes, lower than the corresponding last year's 40 lakh tonnes.</p><p align="justify">&quot;The Government should heavily subsidise the wheat exports to make it competitive in the international market,&quot; said Anil Monga, Managing Director of Emmsons International, a Delhi-based exporter.</p><p align="justify">&nbsp;</p>                                                           
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        LATEST NEWS UPDATES | Prospects for wheat exports turn bleak -Vishwanath Kulkarni    </title>
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-The Hindu Business Line


Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year.


The recent fall in Euro against the dollar..."/>
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-The Hindu Business Line


Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year.


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    <h1 class="cat-box-title">Prospects for wheat exports turn bleak -Vishwanath Kulkarni</h1>
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                            <div align="justify">-The Hindu Business Line</div><p align="justify"><em>Bengaluru: </em>Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year.</p><p align="justify">The recent fall in Euro against the dollar has made the French wheat cheaper thereby exerting pressure on the global prices. Wheat prices, which hovered around $6.6 a bushel in Chicago during mid December are now down to $4.98 per bushel.</p><p align="justify">The French wheat is selling around $210-215 per tonne, while the US origin is around $232. Even the Australian wheat, currently at around $270 per tonne, is cheaper than the Indian wheat quoted at $275. Also the levy of duty by Russia on the Black Sea origin wheat to offset the falling Rouble has not helped the Indian exporters to take any advantage.</p><p align="justify">Add to the falling international prices, the strengthening of the rupee against the dollar in recent months has made the Indian wheat unviable in the international markets.</p><p align="justify">&quot;There are hardly any enquiries for the Indian wheat, which is not viable for exports at current prices,&quot; said sources at a global trade house in Delhi. Normally, the export enquiries for the new crop begin sometime in February. Also the government is yet to take any call on exporting the surplus wheat from the Central pool stocks.</p><p align="justify">&quot;In absence of exports, a bigger harvest would only inflate the Government stocks, which is contrary to the recommendations of the high level committee on restructuring of Food Corporation of India&quot; said Tejinder Narang, grains trade analyst. The committee had suggested that the government should make purchases of what's required.</p><p align="justify">The central pool wheat stocks stood at 25.11 million tonnes as on January 1, 2015, more than twice the buffer and strategic reserve norm of 11.2 million tonnes. The general expectation among the trade and government sources is that wheat output this year would be higher than last year's production of 95.91 million tonnes, aided by a favourable climate.</p><p align="justify">The private trade is keenly waiting for the government to spell out its strategy on wheat procurement. Any decline in procurement by the Government could possibly influence the prices in markets such as Uttar Pradesh and Bihar, from where the private trade including makes its purchases from the open market. Currently, wheat is traded between Rs. 1450-1500 a quintal in the UP markets.</p><p align="justify">Wheat exports in the April-December period stood at around 26 lakh tonnes, lower than the corresponding last year's 40 lakh tonnes.</p><p align="justify">&quot;The Government should heavily subsidise the wheat exports to make it competitive in the international market,&quot; said Anil Monga, Managing Director of Emmsons International, a Delhi-based exporter.</p><p align="justify">&nbsp;</p>                                                           
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    <br><a href="http://www.thehindubusinessline.com/industry-and-economy/agri-biz/prospects-for-wheat-exports-turn-bleak/article6853306.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 3 February, 2015, http://www.thehindubusinessline.com/industry-and-economy/agri-biz/prospects-for-wheat-exports-turn-bleak/article6853306.ece?homepage=true</a><div class="clear"></div>
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Prospects for wheat exports turn bleak -Vishwanath Kulkarni

Published on Feb 4, 2015   Modified on Feb 4, 2015

-The Hindu Business Line Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year. The recent fall in Euro against the dollar has made the French wheat cheaper thereby exerting pressure on the global prices. Wheat prices, which hovered around $6.6 a bushel in Chicago during mid December are now down to $4.98 per bushel. The French wheat is selling around $210-215 per tonne, while the US origin is around $232. Even the Australian wheat, currently at around $270 per tonne, is cheaper than the Indian wheat quoted at $275. Also the levy of duty by Russia on the Black Sea origin wheat to offset the falling Rouble has not helped the Indian exporters to take any advantage. Add to the falling international prices, the strengthening of the rupee against the dollar in recent months has made the Indian wheat unviable in the international markets. "There are hardly any enquiries for the Indian wheat, which is not viable for exports at current prices," said sources at a global trade house in Delhi. Normally, the export enquiries for the new crop begin sometime in February. Also the government is yet to take any call on exporting the surplus wheat from the Central pool stocks. "In absence of exports, a bigger harvest would only inflate the Government stocks, which is contrary to the recommendations of the high level committee on restructuring of Food Corporation of India" said Tejinder Narang, grains trade analyst. The committee had suggested that the government should make purchases of what's required. The central pool wheat stocks stood at 25.11 million tonnes as on January 1, 2015, more than twice the buffer and strategic reserve norm of 11.2 million tonnes. The general expectation among the trade and government sources is that wheat output this year would be higher than last year's production of 95.91 million tonnes, aided by a favourable climate. The private trade is keenly waiting for the government to spell out its strategy on wheat procurement. Any decline in procurement by the Government could possibly influence the prices in markets such as Uttar Pradesh and Bihar, from where the private trade including makes its purchases from the open market. Currently, wheat is traded between Rs. 1450-1500 a quintal in the UP markets. Wheat exports in the April-December period stood at around 26 lakh tonnes, lower than the corresponding last year's 40 lakh tonnes. "The Government should heavily subsidise the wheat exports to make it competitive in the international market," said Anil Monga, Managing Director of Emmsons International, a Delhi-based exporter.

The Hindu Business Line, 3 February, 2015, http://www.thehindubusinessline.com/industry-and-economy/agri-biz/prospects-for-wheat-exports-turn-bleak/article6853306.ece?homepage=true

Tagged with: subsidies Agriculture farming Food Security Trade Farmers Wheat

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