The Print In compounds outside wheat mandis across Punjab, gunny bags full of golden grain are piled up in huge quantities. Less than a month into the procurement season, the state has already contributed more than 100 lakh metric tonnes (LMT) of wheat in 2023-24 to the central government’s reserves. Haryana and Madhya Pradesh are the next big contributors with around 55 LMT and 50 LMT, respectively. Earlier this year, Unseasonal rains...

Private weather forecaster Skymet expects the upcoming June-September monsoon to be 'below normal' to the tune of 94% of the long period average (LPA), raising concerns about food grain production in the country. In January, Skymet had forecast the monsoon 2023 to be sub-par and now retains the same outlook.  "Courtesy Triple-Dip-La Nina, southwest monsoon observed above normal/normal rainfall for the last four consecutive seasons. Now, La Nina has ended. Likelihood...

Livemint Wheat prices have started climbing again despite the government launching open market operations to reain in prices of the crucial commodity due to the Unseasonal rains in key what-producing states. Wheat prices had shot up by 15% in 2022 accoding to the Ministry of Consumer Affairs, Food & Public Distribution, even before the OMOs. This comes as retail inflation continues to hover above the Reserve Bank of India's upper tolerance level,...

Reuters Unseasonal rains and hailstorms have damaged ripening, winter-planted crops such as wheat in India's fertile northern, central and western plains, exposing thousands of farmers to losses and raising the risk of further food price inflation. Torrential rains on Sunday and Monday lashed Punjab, Haryana parts of Uttar Pradesh, and Madhya Pradesh state, which account for the bulk of wheat output in India, the world's biggest producer after China, flattening crops and...

-The Hindu Business Line Seeks extension in window for duty-free import shipments till December 31, 2022 Ahmedabad, June 18: Lower yield, Unseasonal rains during the initial months of harvest coupled with the reduced acreage has led the cotton trade body, Cotton Association of India (CAI) to reduce its crop estimate to 315.32 lakh bales (each of 170 kg) for the season 2021-22. The latest crop estimate is about 12 per cent lower...