-Livemint.com Central stocks haven’t been released while exports were upped to fill a Ukraine war-created vacuum One side effect of Russia attacking Ukraine has been a rise in global wheat prices. Wheat importers are struggling. I had written about this possibility in this space on 23 March (‘Like oil, soaring prices of wheat could have broad repercussions’). Towards the end, I had said that India was unlikely to be impacted primarily because...
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Mandi prices of key rabi crops above MSP on strong demand -Sandip Das
-Financial Express Traders told FE that for mustard, the biggest domestic oilseed variety, prices at Bharatpur mandi, Rajasthan, are currently ruling around Rs 6,800 per quintal against the MSP of Rs 5,050 a quintal, while wheat in Sehore mandi, Madhya Pradesh, is currently being sold at Rs 2,150 a quintal against MSP of Rs 2,015 a quintal. As market arrivals have peaked, mandi prices of key rabi crops — wheat and mustard...
More »As wheat prices soar, India could become Asia’s ‘food bowl’ -Subramani Ra Mancombu
-The Hindu Business Line APEDA in touch with countries, exporters to ship out requirements, says its chairman With wheat prices soaring to a record high of $13.50 a bushel (nearly $500 a tonne) on the Chicago Board of Trade on Friday, India is reaching out to exporters and countries that are looking for wheat supplies. In addition, it is also looking to supply other agricultural commodities such as corn (maize) and rice, which...
More »Centre may reduce moisture content limit for wheat, paddy. Why this will hurt farmers -Shagun
-Down to Earth The government is trying to gradually withdraw from procurement operations, MSP regime with this move, feel farmers A recent draft proposal by the Union government to change the moisture content limit for wheat and paddy has farmers worried ahead of the rabi procurement season that begins April 2022. The ideal moisture content in wheat may be reduced to 12 per cent from 14 per cent and in paddy to 16...
More »Explained: Is PMGKAY still needed? -Priscilla Jebaraj
-The Hindu Right to Food activists insist that vulnerable communities still need the support from Pradhan Mantri Garib Kalyan Anna Yojana, Centre’s foodgrain programme. The story so far: A scheme to provide free food grain to ration card holders as part of COVID-19 relief comes to an end this month. While the Food Ministry says the Pradhan Mantri Garib Kalyan Anna Yojana is no longer needed as the economy is reviving, Right...
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