Govt sees 3 pc fall in wheat output at 106.41 million tonnes in 2021-22
The country’s wheat output is estimated to drop by about 3 per cent to 106.41 million tonnes in the 2021-22 crop year (July-June) from the previous year, agriculture ministry said in its latest estimate released on Thursday. The production is, however, lower by 4.61 per cent from the earlier estimate of 111.32 million tonnes projected for the 2021-22 crop year, the data showed.
Wheat production stood at a record 109.59 million tonnes in the 2020-21 crop year.
Agriculture secretary Manoj Ahuja had last week attributed the the fall in wheat production to lower crop yields, mainly in Punjab and Haryana due to the heat wave. He had also indicated wheat production could decline to 105-106 million tonnes this year.
Over 17 lakh tonnes of sugarcane still lying in farms across Maharashtra despite end of crushing season
Around 17.5 lakh tonnes of sugarcane is still lying uncut in farms across Maharashtra although the crushing season has ended, but majority of this stock shall be crushed by the end of this month and over 30 sugar mills will remain functional till it is over, a top official said. The sugarcane crushing season in Maharashtra generally starts in October-November and continues till mid-April.
Out of the 10 districts in Maharashtra that have topped the list of excess sugarcane stock this year, seven are from the Marathwada region, the official said.
“After good rains last year, the area under sugarcane cultivation in the state increased significantly. Even after the sugarcane crushing season has got over, the state still has around 17.5 lakh tonnes of sugarcane standing in farms, waiting to be crushed. Hence, crushing in some parts of the state may continue till the first week of June,” he said.
Wheat trade grinds to a halt, prices back at pre-ban levels of Rs 2,250-2,300 a quintal
India’s wheat trade has almost ground to a halt following the restriction on exports last week as traders and exporters await policy clarity, causing local prices of the staple to rebound to pre-ban levels. Large exporters continue to hold on to their stocks but have stopped taking further deliveries from suppliers, caught unawares by the curbs.
“Since the government had been pushing exports of wheat, we had made our strategies accordingly,” said a senior executive at a large wheat exporting company.
ITC, Cargill, and Viterra are big corporate exporters of wheat from India. “The government’s move to restrict wheat exports to ensure equitable distribution to countries, particularly those vulnerable or in the neighbourhood, is a judicious step to balance interests of all stakeholders,” an ITC NSE -1.33 % spokesperson said, without giving details on wheat purchases or stocks.
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