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Costly wheat and the cloud over our daily bread - Sayantan Bera

Wheat prices have stayed stubborny high in India, despite several steps by the government including an export ban and announcing open market prices. - Mint Official figures show that daily retail wheat flour (atta) prices as on 1 February were 22% higher year on year, while wholesale prices were 31% higher. Wheat prices have been inching up through 2022 after a heat wave cut production and pushed the government to ban exports...

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India’s food surpluses are marginal -Siraj Hussain

-Moneycontrol.com To become a reliable exporter, India needs to adopt climate-resilient technologies and a digital system of traceability of agricultural produce The success of the green revolution and the use of technology in agriculture made India a nation surplus in some crops. This enabled India to emerge as a large exporter of rice and sugar. In the following years, wheat was also exported, although Indian wheat was mostly uncompetitive in the global...

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Centre may sell surplus wheat in small tranches to control atta prices

-Business Standard Flour millers have reportedly told the government that they have stocks for one to two months only In order to increase the availability of wheat and check the retail prices of atta (flour), the government may soon sell its surplus wheat in different states in small tranches. According to a report in the Times of India (TOI), flour millers have told the government that they have stocks for one to...

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Centre may sell cereals in open market to rein in prices -Zia Haq

-Hindustan Times India has a surplus of federally held stocks of rice and wheat, and the government could intervene in the open market “if needed” by selling cereals at a discount to curb prices, food secretary Sudhanshu Pandey said on Monday. India has a surplus of federally held stocks of rice and wheat, and the government could intervene in the open market “if needed” by selling cereals at a discount to curb...

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Cereal inflation would be hard to tame amidst low rice acreage

Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...

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