The wheat government continues loudly in India. Since March 15, wheat procurement has begun in states like Rajasthan and Madhya Pradesh. At the same time, it started from April 1 in some states like Punjab and Bihar. If you believe in a statement, all the records of wheat purchase have been broken up until now. It is believed that this may have some effect on prices at the time. At the same time, some experts call the data positively.
No significance is required
Since March 15, the news agency quoted government sources that 20.08 lakh metric tonnes of metric tonnes have been purchased from wheat farmers. This is 44.4 percent higher than last year. Along with this purchase, there are signs of crop good crop, which will help India fill its declining reserves and avoid imports. India’s Food Corporation (FCI) India’s Food Corporation (FCI) has purchased early wheat from Madhya Pradesh.
Read-Strict instructions of CM Saini on wheat purchase, crop wet will take action against the authorities
Fasting will come in the coming weeks
The FCI’s wheat purchase period has begun well, and it is expected to rise in the coming weeks. Then the crops of major states such as Haryana, Punjab and Uttar Pradesh will begin to come to the market. Sources said that the initial trend of the FCI’s wheat procurement refers to the good crop of wheat this year. Both crops and FCI purchases are expected to be satisfactory this year, if evidence is to be believed.
What is the goal of the government
If the sources are to be believed, the government has set a target of buying 310 lakh metric tonnes of wheat for the 2025-26 rabbi marketing session. Although the 2025-26 Rabi Marketing Session has begun from April, the minimum support price of wheat (MSP) has been fixed at Rs 2,425 per Quee. A dealer associated with the International Business House in New Delhi, “Farmers are getting the best prices from the government, because India has set a procurement price of Rs 2,425 (27.98) for a quintal purchased from Madhya Pradesh to the MSP farmers.
What do market experts say
Last year, FCI set a target of buying 30 to 32 lakh tonnes of wheat, but the state bought only 26.6 million tonnes, which is a bad crop. At the beginning of this year, Indian wheat prices reached the height of achievement. Last month, the government estimated 115.4 million tonnes of wheat production this year. Citing the Indian Roller Floor Milorce Federation President Navneet Sitlangia, he said, “The crop has now begun to come.
