Export ban on wheat to continue; wheat output to be at record 112 million tonne this year: FCI Chairman

29 Mar 2023 Evaluate

In order to control rising domestic prices, Food Corporation of India (FCI) Chairman and Managing Director Ashok K Meena has said that the export ban on wheat will continue as long as the country does not feel comfortable with the domestic supplies to meet the food security needs. India, the world’s second-largest wheat producer, banned wheat exports in May 2022, with immediate effect as part of measures to control rising domestic prices. He said wheat production has not been impacted due to unseasonal rains. Even after rains, the total wheat output will be at a record 112 million tonne this year. He also mentioned that the government procurement of fresh wheat crop has kick-started, and about 10,727 tonne was purchased at minimum support price (MSP) in Madhya Pradesh on March 27.

He said estimated higher wheat production this year will ensure sufficient supplies for both government procurement and general consumption in the Indian market. The government has projected a record wheat production of 112.18 million tonne in the 2023-24 crop year (July-June), as per the second estimate of the agriculture ministry. Meena said the agriculture ministry has estimated a record wheat output, taking into account weather fluctuations.

He said ‘Rains are a cause of concern as it affects the quality of the grain. The accompanying factor of rain is that the temperature comes down. Low temperature is good for wheat crops for full maturity. Therefore, the estimated quantity of wheat production is likely to be achieved’. As a result, the government’s wheat procurement target of 34.15 million tonne will also be achieved. Stating that the FCI has started the wheat procurement operation, Meena said about 10,727 tonne of wheat was procured in Madhya Pradesh on March 27.

Procurement on the same date in the year-ago period was nil. The arrivals were huge due to the harvesting of short-duration crops this year. Procurement centres across the country will remain open. Procurement in Punjab and Haryana will begin from April 1 onwards. FCI aims to procure 13.2 million tonne of wheat from Punjab, 7.5 million tonne from Haryana and 8 million tonne from Madhya Pradesh in the 2023-24 marketing year (April-March).

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