India summer pulses sowing up 37.19% as on April 18, 2022
India’s summer pulses sowing is up by 37.19% while summer oilseed is up 3.35% even as rice has been sown in 1.87 lakh ha less than last year, according to government of India’s latest data release on Monday
For pulses “about 12.21 lakh ha area coverage has been reported compared to 8.90 lakh ha during the corresponding period of last year,” the ministry of Agriculture and Farmers’ Welfare said in a statement.
The area has been reported mainly from the states of Odisha, Madhya Pradesh, Tamil Nadu, Uttar Pradesh, Gujarat, West Bengal, Bihar, Andhra Pradesh, Chhattisgarh, Maharashtra, Assam, Karnataka, Rajasthan, Jharkhand, Punjab, Uttarakhand and Jammu & Kashmir.
Govt procures 69.24 lakh tonnes wheat so far for nearly Rs 14,000 crore
The government has procured 69.24 lakh tonnes of wheat in the rabi marketing season so far at minimum support price (MSP) for nearly Rs 14,000 crore.
“Wheat procurement has recently commenced in Rabi Marketing Season 2022-23 in the states of Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, Uttrakhand, Chandigarh, Himachal Pradesh, Gujarat and Rajasthan,” an official statement said.
The rabi marketing season runs from April to March. However, the bulk of wheat procurement takes place between April to June.
Domestic wheat prices up by 5-7% on fears of fall in production due to heat damage
Domestic wheat prices are up by 5% to 7% on reports of lower yields of the crop being harvested across the country, which has also driven up the export prices. Punjab, Haryana and Uttar Pradesh have reported 10-35% fall in yield due to early onset of summer season and excess rainfall in December and January shrinking grain size.
The Indian government has set a target of exporting 10 million tonnes of wheat in 2022-23, of which 1 million tonnes will be exported to Egypt.
The world is expecting India to fill up the gap in global wheat supply created by the ongoing Ukraine Russia war, while the Indian government is trying to make the most of the opportunity to emerge as a global wheat Super Power.
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