-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...
More »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...
More »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...
More »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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