Synopsis It dips to the lowest on April 1 as accumulated stocks get released for beneficiaries of government schemes ahead of the new crop coming in. India’s stockpile of wheat was above the buffer stock norm at the last scheduled count on October 1 and the next such quarterly review which takes into account seasonal […]
Tag Archives: Wheat
December wheat stocks hit 7-year high on poor offtake; may pose storage challenge
Wheat stocks in the central pool at the beginning of December stood at 351 lakh tonnes, a seven-year high, on muted demand for the grain sold by the Food Corporation of India due to its high price. These stocks could add to the storage worries of the government in the days ahead as farmers are […]