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Strong demand may bring down closing stock of major farm goods by FY23-end -Sanjeeb Mukherjee

-Business Standard Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time By the end of this financial year or perhaps even earlier, depending upon the crop cycle, India might be staring at a multi-year low closing inventory levels of several key farm commodities. Stocks of sugar, wheat, cotton and oilseeds both, with traders and...

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Wheat procurement & lifting impacted in Punjab, 18 farmers have committed suicide so far -Harpreet Bajwa

-The New Indian Express Also this season till yesterday only 62.81 per cent of wheat has been lifted. Thus approximately eighteen farmers have committed suicide to date across the state this month alone due to low yield. CHANDIGARH: The procurement operation of wheat this season in Punjab has been impacted as till yesterday different central and state government agencies, including the Food Corporation of India have purchased only 85.98 Metric Tonnes (MT)...

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Rabi diversification pays dividends to farmers as mustard prices at all-time high in Punjab -Vishal Joshi

-Hindustan Times Data from Punjab agriculture department says an estimated 1.34 lakh acre was under mustard cultivation in 2021-22, highest in last 15 years. Since 2007, farmers are sowing mustard on 30,000 hectares or 74,000 acres every year Bathinda: After diversifying to mustard crop (about 44% jump) in the 2021-22 rabi season, enterprising farmers are now reaping profit by selling the produce for up to Rs.7,000 per quintal, 28% higher than this...

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Why Wheat prices are skyrocketing despite bumper stocks -Shwweta Punj

-IndiaToday.in Rising international prices of wheat and fuel are pushing Wheat prices up at home. There is also a demand for India to export wheat India’s CPI (Consumer Price Index) inflation rose to a 17-month high of 6.95 per cent in March 2022, exceeding the Reserve Bank of India’s inflation target for three consecutive months. The prices of wheat and wheat products in the country have gone up by 15-20 per cent...

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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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