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Food processing companies brace for wheat shortage -Devika Singh

-Moneycontrol.com The country is expected to face a shortfall of the cereal in the months ahead as produce in the rabi season is expected to be below estimates, while globally, too, there is a supply crunch on account of Russia-Ukraine war. Food processing companies such as iD Fresh Food, Mrs Bector's Food Specialities and CG Corp Global are getting ready to combat a possible shortage of wheat due to the combined effects...

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On the wheat trail: State granaries under strain, private traders make hay -Sandip Das

-Financial Express Crop loss, lower procurement to deplete FCI stocks; local supplies may suffice for PDS, free-ration schemes At Punjab’s Rajpura mandi, private traders are busy buying the wheat crop brought in by farmers at marginally above the minimum support price (MSP). Traders have been super-active in the mandi, one of the largest centres of wheat trade in the country, and their daily purchases often exceed the official procurement by the state-run...

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In Wake of Ukraine War, India Set to See Rising Food Grain Prices -Siraj Hussain and Shweta Saini

-TheWire.in The wholesale price inflation for wheat in March was 14%. The retail prices will, therefore, reflect the same once the peak arrival season is over, in June 2022. Even the critics of India’s public distribution system (PDS) acknowledge that it worked well during the Covid-19 pandemic. Additional allocations of free food grains at 5 kg per person per month, under Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), helped prevent mass hunger...

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UP farmers throng private shops to sell wheat; give procurement centres a miss

-BusinessToday.in In the light of the current state of affairs in the state, UP government's target to hit record high in wheat procurement by June 15, 2022 looks like an elusive dream. The footfall of farmers at government-run procurement centres in Uttar Pradesh (UP) has been alarmingly low this season. The typically noisy, bustling centres were strangely quiet across several locations in the state for the last two weeks. Only a handful of...

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May heat in March shrivels wheat: Centre to revise procurement norms -Shagun

-Down to Earth The Punjab government April 12 appealed to the central government to allow relaxation in the norms of shrivelled grains without any value cut, since the farmer had already been penalised on account of lower yield The Punjab government said April 13, 2022 that the Centre has agreed to revise its wheat procurement norms for shrivelled grains, a day after Punjab Chief Minister Bhagwant Mann urged it do to so. Record-breaking...

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