-Livemint.com India’s wheat export proscription was the first signal of awareness that moves on many fronts are needed for inflation control The Indian export ban on wheat in mid-May drew much negative attention. For the record, it is a ban on private sector wheat exports, and leaves open government-to-government contracts. The widespread criticism of the ban was misplaced in my opinion. Private wheat traders had responded exuberantly to the global demand for wheat...
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Food security does not need this ‘surgical strike’ -Madhura Swaminathan and Deepak Johnson
-The Hindu India’s flip-flop on the export of wheat is an example of the Government lacking a coherent policy of food security The Government of India announced a sudden ban on export of wheat on May 13, 2022, a few days after Prime Minister Narendra Modi had stated that “at a time when the world is facing a shortage of wheat, the farmers of India have stepped forward to feed the world”....
More »Wheat output to fall 3% from last year, says Centre
-Scroll.in Heatwaves across many wheat-producing states have resulted in a dip in the production of the staple grain this year. India’s wheat production is likely to fall 3% to 106.41 million tonnes this year from last year’s output of 109.59 million tonnes, the Hindustan Times reported on Friday, citing the Union agriculture ministry’s third advance estimates of output of food grains. Severe heatwaves across many wheat-producing states have resulted in a dip in...
More »Mandi prices of wheat fall, but still marginally above MSP -Sandip Das
-Financial Express Traders say that only a small quantity of wheat crop is held by farmers currently, as major chunks have been purchased by traders by paying higher than MSP prices in anticipation of a surge in exports. Mandi prices of wheat were ruling just above the minimum support price (MSP) on Wednesday in Rajasthan, Uttar Pradesh, Gujarat and Delhi. Trade sources told FE that in Punjab and Haryana, arrivals of wheat in...
More »Food for thought
-The Hindu Business Line Pesticide residues in India’s agri exports calls for a multi-pronged policy response As reported recently by this newspaper, India’s cumin exports have suffered a setback in recent months, with China claiming that pesticide residues exceeded the maximum residue limits (MRLs) spelt out by it about six months back. Chinese authorities have said that consignments must be accompanied by a pesticide residue report. India has been through all this...
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